1408 Broadway AveSpokane, WA 99201

  • Office properties
  • 2,884 SF
For Sale
$600,000 View listing

Property Details for 1408 Broadway Ave

Year built
1921
Construction
STEEL FRAME
Lot size
0.14 AC
Property size (Sq ft)
2,884 SF
Property type
Office properties
Property subtype
Office buildings
APN
25131.4415
APU
251314415

Description

This exceptional executive office suite, located at 1408 W Broadway Ave in Spokane, WA, offers 186 square feet of meticulously maintained space. Situated on the second floor of a charming 1921 two-story building, this suite is perfect for a small business or individual professional seeking a prestigious address. The space is available individually or in combination with other suites, providing flexibility for varying needs. A full-service lease includes all utilities, taxes, phone, and internet, minimizing operational overhead. Shared amenities enhance convenience and collaboration, including two bathrooms, a kitchen, a reception area, and a conference room. Parking is readily available with six covered spaces and additional street parking. The location is unparalleled, just two blocks from the courthouse and three blocks from the vibrant Kendall Yards district, offering easy access to legal services and a thriving commercial hub. The property's APN is 25131.4415, and it's situated in Spokane County, WA, zip code 99201. This is a rare opportunity to secure a highly desirable office space in a sought-after Spokane location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $500,722
    6.5%
    $462,205
    7%
    $429,191
  • Comparable approach

    Method
    Valuation
    Relative Method
    $614,898
    Geo Method
    $614,898
  • Alternative Use

    Use
    Valuation
    Residential
    $573,135
    Hospitality
    $524,988
    Educational
    $436,784
    Medical
    $451,806
    Retail
    $679,442
1408 Broadway Ave, Spokane, Washington
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Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.6646
Longitude
-117.433
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,157
$84,000
$238,600
$322,600
-
$84,000
$238,600
$322,600

FAQs

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