170 Lincoln St Spokane, WA 99201
- Retail space
- 3,334 SF
- 0.08 lot acres
Current Use by Public Records
- Nyvara Software / Software Company
- SusChem LLC / Software Company
- Keystone Experts and Engineers. LLC / Engineering Consultant
- Trendebut, Inc. / Jewelry Store / Kitchen Supply Store
- janparkercookery / Trade School
Property Details for 170 Lincoln St
- Year built
- 1910
- Lot size
- 0.08 lot acres
- Property size
- 3,334 SF
- Property type
- Retail space
- APN
- 35192.1921
- APU
- 351921921
Description
This exceptional downtown Spokane office condo, located at 170 S Lincoln St, offers 8,400 square feet of versatile space across two floors (3rd and 4th) within the Freeman Center. The property, built in 1910 and extensively renovated in 2005 and 2018, features a Class B building with a secured entry, elevator access, and four parking spaces in a secured garage. The 3rd floor (4,200 sq ft, APN 35192.1923) includes a 16+ chair conference room, kitchenette, two executive office suites, and an open sales floor currently configured with 17 cubicle stations and an ADA-compliant restroom. The 4th floor (4,200 sq ft, APN 35192.1924) offers an 8-10 chair conference room, kitchenette, three executive office suites, two ADA-compliant restrooms, and an open sales floor with 11 cubicle stations and a four-person reception area. The building boasts exterior signage, direct elevator access from the garage, and allows for residential living. This owner-user investment opportunity is zoned Downtown General (DTG) and sits on a 0.28-acre lot. The asking price is $675,000. The property is ideal for a variety of business uses and presents a unique chance to own a piece of Spokane's vibrant downtown core. The exposed brick and beam details add character and charm to this functional and well-maintained space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $245,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $295,000
- Mixed-Use
- $235,000
- Hospitality
- $310,000
- Educational
- $250,000
- Residential Income
- $280,000
- Energy
- $235,000
- Income-Based Land
- $230,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.425
- Latitude
- 47.6552
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA