904 Columbus St Spokane, WA 99202
- Commercial real estate
- 37,643 SF
- 2.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 904 Columbus St
- Year built
- 1949
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.69 lot acres
- Property size
- 37,643 SF
- Property type
- Commercial real estate
- APN
- 35171.1704
- APU
- 351711704
Description
This exceptional single-tenant industrial property, located at 904 N Columbus St in Spokane, WA 99202, offers 37,643 square feet of warehouse and distribution space. Situated on a 2.69-acre lot, this building presents a significant opportunity for businesses seeking a substantial footprint in a prime Spokane location. The property is zoned GC-150, providing flexibility for various industrial uses. The entire building is currently vacant, allowing for immediate occupancy and customization to suit specific operational needs. With its ample square footage and expansive land area, this property is ideal for warehousing, distribution, and related industrial activities. The property's Spokane County location (APN 35171.1704) offers easy access to major transportation routes, facilitating efficient logistics and distribution. This is a rare opportunity to acquire a large, single-tenant industrial building in a desirable area of Spokane, providing significant potential for growth and profitability. The property's size and location make it an attractive investment for businesses seeking to establish or expand their operations in the Spokane market. The vacant status allows for immediate occupancy and the opportunity to tailor the space to meet specific business requirements.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,230,000
- 6.5%
- $2,970,000
- 7%
- $2,700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,115,000
- Geo Method
- $3,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,890,000
- Retail
- $3,235,000
- Mixed-Use
- $3,430,000
- Hospitality
- $2,590,000
- Educational
- $2,865,000
- Residential Income
- $2,820,000
- Energy
- $3,055,000
- Income-Based Land
- $2,640,000
- Food Service
- $3,140,000
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.395
- Latitude
- 47.6654
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
