Financial
Distress signals
Property profile

126 N Washington St Spokane, WA 99201

FOR LEASE
Retail space
View Listing
Property ID
US90-1383694
8,730 SF 0.2 ac lot Built 1979
Last sale Feb 2026 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, 7,590 square foot building at 126 N. Washington St., Spokane, WA 99201, offers a unique opportunity. Located in the CBD-1 zone, this property boasts a convenient location steps from Riverfront Park and adjacent to the Davenport Grand Hotel. The building, constructed in 1979, features one suite totaling 3,500 square feet currently available for lease. The space is adaptable and offers a mostly open floor plan, ideal for a variety of uses, including medical or creative

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$886k
Assessed land$385k
Assessed improvement$501k
Effective rate0.98%

Value estimate

· Sep 2026
$345k
$311k – $380k
CAP approach$1.40M
Sales comparison$1.59M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$216/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$102 – $363
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Watch Repair Shop7.8
Tailor Shop7.7

Location

126 N Washington St Spokane, WA 99201
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1212 Washington, Spokane, WA 99201-2403 $29,050,000 Feb 2025 7,528 SF
1223 Monroe, Spokane, WA 99201 $300,000 Sep 2024 6,360 SF
110 Post, Spokane, WA 99201-0907 $950,000 Jun 2024 6,880 SF
39 Pacific, Spokane, WA 99201-3647 $600,000 Apr 2024 15,000 SF
1401 Monroe, Spokane, WA 99201-2624 $59,998 Dec 2023 5,776 SF
417 2nd, Spokane, WA 99201 $1,100,000 Jul 2023 6,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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