1819 Springfield Ave Spokane, WA 99202
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.