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    1108 2Nd Ave Spokane, WA 99201

    Sponsored
    For Sale
    $1,450,000

    10,450 SF Warehouse, 10 parking spaces, great location.

    Property size:
    10,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity: a 10,450 square foot warehouse located at 1108-1110 W 2nd Avenue in Spokane, Washington. This property, situated on a 0.33-acre lot, boasts a prime location on the periphery of downtown Spokane, offering excellent storefront visibility on 2nd Avenue. The building features solid concrete block construction, a two-story design, and is zoned Downtown General (DTG). The warehouse itself includes 15' ceilings, two loading docks each equipped with 10'H x 8'W overhead doors, and is partially sprinklered. The property also benefits from three-phase power, multiple entrance points, and convenient street and alley access. Ten parking spaces are available for tenants and visitors. The asking price is $1,450,000, and the lease type is NNN. The property is currently offered for sale or lease as a single tenancy. APN: 35192.1711. This versatile property is ideal for a variety of uses, combining retail, office, and industrial space in a highly desirable downtown location.

    Property Features for 1108 2Nd Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    10,450 SF
    Lot Size
    14,375 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Office/Retail & Warehouse Building in prime Spokane location.
    • Two loading docks, each with a 10'H x 8'W overhead door.
    • Partially sprinklered warehouse.
    • Three‑phase power.
    • Multiple building entrances.
    • Convenient street and alley access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Dental Office Hair Salon Realty agency Spa & Massage Nail Salon Building Supply Daycare Center Clothing Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4285993
    Latitude
    47.6547321

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    FAQs

    What type of property is this?
    Distribution property - 10,450 SF Warehouse, 10 parking spaces, great location.
    Where is this distribution property located?
    The property is located at 1108 2Nd Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Office/Retail & Warehouse Building in prime Spokane location.; Two loading docks, each with a 10'H x 8'W overhead door.; Partially sprinklered warehouse.
    Request Owner's contact information
    1108 2Nd Ave Spokane, WA 99201
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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
    1108 2Nd Ave Spokane, WA 99201
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