323 Pne Rd Spokane Valley, WA 99216
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.
-
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
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.