Property profile

1819 Springfield Ave Spokane, WA 99202

OFF-MARKET
Day care centers
15,353 SF 1.3 ac lot Built 1962
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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

Current use

Occupant on record · Public records
  • Foster Care Service Social Service Agency
  • Social Service Agency
  • Foster Care Service Social Service Agency

Location

1819 Springfield Ave Spokane, WA 99202
Spokane metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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