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Property profile & analytics
OFF-MARKET
Office Spaces

323 Pne Rd Spokane Valley, WA 99216

4,846 SF 0.52 ac lot Built 1909
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 323 S Pines Rd in Spokane Valley, Washington, presents a unique investment opportunity. The 4,846 square foot building, constructed in 1909 and renovated in 1982, boasts a prime location on a 0.52-acre corner lot at the intersection of S. Pines Road and E. 4th Avenue. The four-story building is zoned CMU and offers ample on-site parking. A significant feature is the inclusion of a detached garage, approximately 700 square feet, situated on the east side of the main structure. The property is ADA accessible and benefits from prominent monument signage. The building's history is complemented by its modern functionality, making it suitable for a variety of commercial uses. The asking price is $975,000. The parcel number is 45222.0541. This multi-story converted office building offers a blend of character and practicality, situated in a well-established Spokane Valley location. The property's size and features make it an attractive prospect for investors seeking a substantial commercial holding in a desirable area. The convenient location and ample parking further enhance its appeal. This is a rare opportunity to acquire a well-maintained, historically significant commercial building with significant potential.

Property profile
Verified
Property type Office Spaces
Year built 1909
Total area 4,846 SF
Lot 0.52 ac (22,651 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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