Property profile

1522 Broadway Ave Spokane, WA 99201

OFF-MARKET
Retail properties & Spaces
Built 1901
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Property summary

AI-generated overview

Exceptional investment opportunity in Spokane, WA! This mixed-use building, constructed in 1901, boasts 15,000 square feet on a 0.32-acre lot (APN# 25131.4510). The property is zoned CC1 and features three floors, including a dirt and concrete basement. The first floor offers prime retail or office space, currently owner-occupied, while the second floor comprises eight one-bedroom, one-bathroom units, also currently owner-occupied. Each unit is priced at $187,500, contributing to the building's $1,500,000 asking price. Located at 1522 W Broadway Ave, Spokane, WA 99201, this property enjoys high visibility at the northeast corner of Broadway and N Maple St, offering excellent exposure to traffic. Its strategic location places it in close proximity to desirable Spokane destinations such as Kendall Yards, the Courthouse, Downtown Spokane, Riverpark Square, and the Spokane Arena. This presents a rare chance to acquire a well-situated, established mixed-use property with significant upside potential. The building's age and character offer unique charm, while its location ensures strong rental demand and potential for future appreciation.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1901

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
  • Landscaping General Contractor

Location

1522 Broadway Ave Spokane, WA 99201
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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