1401 Northwest Blvd Spokane, WA 99205
This exceptional 1,717 square foot office building, located at 1401 W Northwest Blvd in Spokane, Washington, presents a unique investment opportunity. Built in 1952 and completely renovated in 2023, this single-story Class B building sits on a highly visible corner lot in Spokane County (APN: 25124.5112), boasting an average daily traffic count of approximately 18,300 vehicles. The property is zoned for office use and features an open floor plan, one bathroom, and ample parking, including five striped spaces and free on-street parking. The asking price is $489,000, translating to $284.80 per square foot. Building and pylon signage are available, providing excellent visibility for any business. The property is currently vacant and available for immediate occupancy under a triple net lease (NNN) arrangement. This strategically located property offers a compelling combination of renovated space, high visibility, and convenient parking, making it an ideal location for a variety of office uses. The property's location in the 99205 zip code ensures easy access to Spokane's amenities and transportation networks. This is a rare opportunity to acquire a renovated, high-visibility commercial property in a thriving Spokane location.
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Schmitz & Co Realtors Real Estate Agency
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.