Property profile

5902-5904 Division St Spokane, WA 99208

OFF-MARKET
Retail properties & Spaces
2,993 SF Built 1956
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Property summary

AI-generated overview

This exceptional 2,993 square foot medical office building, situated at 5902-5904 N Division St in Spokane, Washington, presents a unique investment opportunity. Built in 1956 and extensively renovated in 2005, the property boasts a desirable location with high visibility and significant traffic volume. The building sits on approximately 0.24 acres and is zoned GC-70, making it ideally suited for its current use as a long-standing urgent care facility. The two-story building features multiple exam rooms and an on-site X-ray machine, reflecting its established medical practice history. The asking price is $655,000, translating to $218.84 per square foot. With an average daily traffic count of 42,100 vehicles on Division Street, this property offers excellent accessibility and high potential for continued success. The property's APN is 3632.0910. This is a turnkey operation ready for a new owner to continue the established medical practice or adapt the space to a similar use. The property's strong history, prime location, and existing infrastructure make it an attractive investment in the thriving Spokane market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956
Total area 2,993 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5902-5904 Division St Spokane, WA 99208
Spokane metro
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Value estimations

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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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