0 Boone Ave, Spokane, WA 99201
This exceptional 0.39-acre commercial land parcel presents a unique investment opportunity in the heart of Spokane, Washington. Located at the corner of West Boone Avenue and North Monroe Street, this property boasts a highly desirable CC2 zoning designation, offering a wide range of development possibilities. The lot features approximately 85 linear feet of frontage on Boone Avenue, providing excellent visibility and accessibility. Convenient secondary alley access further enhances logistical advantages. Its strategic location places it within close proximity to key Spokane landmarks, including the Spokane Arena (less than 650 feet) and the new ONE Spokane Stadium (less than 2000 feet), ensuring high foot traffic and potential for significant returns. The property's APN is 38182.3210 and is situated in Spokane County, WA, 99201. Note that the same ownership group controls three adjacent parcels, presenting potential for synergistic development or expansion. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving urban area with exceptional potential for future growth and development. The asking price for this prime Spokane commercial property is $755,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.