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Property profile & analytics
OFF-MARKET
Day care centers

1819 Springfield Ave Spokane, WA 99202

15,353 SF 1.3 ac lot Built 1962
Property ID
Property summary
AI-generated overview

This 15,353 square foot, single-story commercial building, located at 1819 E Springfield Ave, Spokane, WA 99202, is offered for sale at $1,895,000 ($123.43/sq ft). Built in 1962 and renovated in 2016, the property sits on a 1.3-acre lot and is zoned LI. The building's versatile design allows for multiple uses, including daycare/nursery, medical office, and traditional office space. Its prime Spokane location offers convenient access to major business centers and residential areas, ensuring easy commuting for employees and clients. This owner-user investment opportunity presents a chance to acquire a well-maintained Class C building with significant potential for growth and stability. The property's APN is 35163.0311. This is a fully equipped commercial office location ready for immediate occupancy. The building offers a unique blend of functionality and location, making it an attractive investment for a variety of business owners. The property's strategic positioning within Spokane ensures strong visibility and accessibility, contributing to its overall investment appeal.

Property profile
Verified
Property type Day care centers
Year built 1962
Total area 15,353 SF
Lot 1.3 ac (56,628 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Empowering Inc Services Foster Care Service Social Service Agency
  • Jewels Helping Hands Social Service Agency
  • Michelle Eveland Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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