101 2Nd AveSpokane, WA 99201

Property Details for 101 2Nd Ave

Year built

1967

Construction

STEEL FRAME

Lot size

0.32 AC

Property size (Sq ft)

7,530 SF

Property type

Retail properties

Property subtype

Auto shops

APN

35191.1214

APU

351911214

Description

This exceptional retail property, located in the heart of Downtown Spokane, offers 7,500 square feet of versatile space ideal for multiple tenants. Situated on a highly visible corner with easy access to Interstate 90's on-ramp, this location guarantees maximum exposure and foot traffic. The property is currently configured to accommodate a variety of uses, including but not limited to auto repair shops, smoke shops, bars, and coffee shops. Two spaces are immediately available, with a minimum divisible space of 2,500 square feet, offering flexibility for businesses of varying sizes. The total building area encompasses 7,500 square feet, providing ample room for expansion or multiple occupancy. This prime location in Spokane County presents a unique opportunity for businesses seeking high visibility and convenient access to major transportation routes. The bustling downtown environment ensures a constant flow of potential customers, making this an ideal investment for entrepreneurs and established businesses alike. Don't miss this chance to secure a prominent retail space in one of Spokane's most dynamic areas. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,921,826

  6.5%

  $1,773,993

  7%

  $1,647,279

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,045,788

  Geo Method

  $4,045,788

• Alternative Use

  Use

  Valuation

  Residential

  $1,496,430

  Hospitality

  $1,370,722

  Educational

  $1,140,424

  Medical

  $1,179,645

  Retail

  $1,773,993

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6543

Longitude

-117.414

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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