12323 Riverside Ave Spokane, WA 99216
- Commercial real estate
- 0.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12323 Riverside Ave
- Lot size
- 0.62 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.62-acre commercial lot presents a remarkable development opportunity in Spokane, Washington. Strategically located near the intersection of Sprague Avenue and Pines Road, this property benefits from significant daily traffic volume exceeding 23,000 vehicles. The flexible zoning allows for a diverse range of development projects, catering to various business needs. Potential uses include light manufacturing facilities, retail spaces, multifamily residential buildings, or office complexes. This prime location offers unparalleled visibility and accessibility, making it an ideal investment for developers seeking to capitalize on a high-traffic area with substantial growth potential. The property's size and zoning flexibility provide ample room for creative and lucrative development plans. Given the high daily traffic count at the nearby intersection, businesses operating from this location would enjoy excellent exposure to a large customer base. This presents a unique chance to build a thriving commercial venture in a vibrant and rapidly developing part of Spokane. The land is ready for immediate development, offering a streamlined path to realizing your vision. Don't miss this exceptional opportunity to acquire a highly desirable commercial property in a sought-after location. The asking price is $499,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.239
- Latitude
- 47.6586
