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    12519 Division St Spokane, WA 99218

    For Lease
    Contact for pricing

    Large Retail Space - Available Now

    Lot size:
    51,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Wandermere West presents a significant retail opportunity encompassing 51,855 square feet of completely vacant commercial space. This multi-tenant property is ideally suited for a variety of retail uses, offering substantial flexibility for a single large tenant or multiple smaller businesses. The expansive square footage allows for creative layout and design to accommodate diverse operational needs. The property's prime location (specific address not provided) presents excellent visibility and accessibility for customers. Given the entirely vacant status, this presents a unique chance to establish a brand-new retail presence or consolidate existing operations into a single, large, highly visible location. The sheer size of the space offers significant potential for high-volume retail operations, or the opportunity to subdivide and lease to multiple tenants. Interested parties are encouraged to inquire for further details regarding lease terms and conditions. This is a blank canvas for a visionary retail concept, offering unparalleled potential for growth and success in a desirable market. The property is ready for immediate occupancy, allowing for a swift and efficient transition to commence operations. Serious inquiries only.

    Property Features for 12519 Division St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,855 SF

    Unit(s) available at that property

    Space
    Lot C
    Size
    51,855 SF
    Space
    RETAIL II - SUITE 6
    Size
    1,467 SF

    HighLights

    • 51,855 SF retail building available for lease.
    • Multiple tenant spaces available.
    • Entire building is currently vacant.
    • Commercial property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wachtel Chrystal M ... Veterinarian Starbucks Internet Cafe Island Globe Tan Tanning Salon Spokane Neurology Doctor Froyo Earth Frozen Yogurt Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4050714
    Latitude
    47.771756

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    FAQs

    What type of property is this?
    Retail property - Large Retail Space - Available Now
    Where is this retail property located?
    The property is located at 12519 Division St Spokane, WA.
    What are key features of this property?
    This property features: 51,855 SF retail building available for lease.; Multiple tenant spaces available.; Entire building is currently vacant.
    Request Owner's contact information
    12519 Division St Spokane, WA 99218
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    Spokane, WA 99218
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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
    12519 Division St Spokane, WA 99218
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