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    731 Indiana Ave Spokane, WA 99205

    For Sale
    $550,000

    Prime Spokane medical office, 3,727 SF

    Property size:
    3,727 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,727 square foot medical office building, located at 731 W Indiana Ave in Spokane, Washington, presents a compelling investment opportunity. Built in 1951, the property sits on a sizable 12,000 square foot lot, offering ample space for both the building and potential expansion. The building's prime location ensures strong foot traffic and excellent visibility, making it an ideal setting for a thriving medical practice. Its well-maintained condition contributes to a comfortable and productive environment for both staff and patients. The property is conveniently located in Spokane County, WA, 99205, and boasts a Parcel ID number of 35073.6301. This established medical office building provides significant potential for growth and offers a rare opportunity to acquire a well-situated property in a desirable area. The ample space allows for expansion of existing operations or the addition of new services, catering to a growing patient base. The building's size and location combine to create a highly attractive proposition for medical professionals seeking to establish or expand their practice. Serious inquiries are encouraged. Please refrain from visiting the property during business hours.

    Property Features for 731 Indiana Ave

    General Information

    Property type
    Medical offices
    Square Feet
    3,727 SF

    Building Details

    Year Built
    1951

    HighLights

    • 3,727 SF medical office building.
    • 12,000 SF lot.
    • Prime location with high visibility and foot traffic.
    • Well‑maintained building, ideal for expansion.
    • Ample space for staff and patients.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Holistic Dental Center Dentist Healthy YOU Wellness Center Dr. Wendy Bentler Dentist Dr. Craig Simmons Dentist

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4232673
    Latitude
    47.674669

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    FAQs

    What type of property is this?
    Medical office - Prime Spokane medical office, 3,727 SF
    Where is this medical office located?
    The property is located at 731 Indiana Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 3,727 SF medical office building.; 12,000 SF lot.; Prime location with high visibility and foot traffic.
    Request Owner's contact information
    731 Indiana Ave Spokane, WA 99205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    731 Indiana Ave Spokane, WA 99205
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