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    3220 Division St Spokane, WA 99207

    For Lease
    $18 SF/Yr ($4,950 /Mo)

    Prime Spokane retail space, high traffic area.

    Lot size:
    3,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property, located at 3220 N Division St in Spokane, Washington, offers 3,300 square feet of space in a single-tenant building. Situated on a prominent corner lot at the intersection of Division Street and Bridgeport Avenue, this location benefits from significant daily traffic counts: 47,500 vehicles on Division Street and 2,900 on Bridgeport Avenue. The property sits on a substantial 11,095 square foot lot and includes 12 paved parking spaces for customer convenience. Built in 1947, the building is zoned GC, offering flexibility for a variety of retail uses. This is a rare opportunity to acquire a well-located retail space in a high-traffic area of Spokane, providing excellent visibility and accessibility for any business. The property's size and ample parking make it ideal for a range of retail ventures. The substantial lot size also presents potential for future expansion or development, subject to applicable zoning regulations. This property is ready for immediate occupancy and presents a strong investment opportunity in a thriving Spokane commercial district. The zip code is 99207.

    Property Features for 3220 Division St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,300 SF
    Total Rate
    4950

    Building Details

    Year Built
    1947

    Unit(s) available at that property

    Space
    Size
    3,300 SF
    Rate per SF
    $18

    HighLights

    • 3,300 SF single‑tenant retail building at 3220 N Division St, Spokane, WA 99207.
    • High‑traffic corner lot (Division St & Bridgeport Ave) with 47,500 VPD and 2,900 VPD respectively.
    • 11,095 SF lot with 12 paved parking spaces.
    • GC zoning allows for flexible retail uses.
    • Built in 1947, ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wintersport Ski Bike ... Bicycle Shop

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office 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
    -117.4108017
    Latitude
    47.6883638

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    FAQs

    What type of property is this?
    Retail property - Prime Spokane retail space, high traffic area.
    Where is this retail property located?
    The property is located at 3220 Division St Spokane, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 3,300 SF single-tenant retail building at 3220 N Division St, Spokane, WA 99207.; High-traffic corner lot (Division St & Bridgeport Ave) with 47,500 VPD and 2,900 VPD respectively.; 11,095 SF lot with 12 paved parking spaces.
    Request Owner's contact information
    3220 Division St Spokane, WA 99207
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    Spokane, WA 99207
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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
    3220 Division St Spokane, WA 99207
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