Property summary
This exceptional 10,334 square foot Class B office building, located at 1222 N Post St in Spokane, Washington, 99201, presents a unique investment opportunity. Currently vacant, this property is ideally suited for an owner-user or savvy investor seeking a prime location. The building features a desirable medical office and traditional office subtype, offering versatility for a range of businesses. Priced at $1,895,000 ($183.38/SF), the property operates under a triple net (NNN) lease structure, making it an attractive option for those seeking predictable operating expenses. The building boasts ample on-site parking, a significant advantage in a bustling urban area. Its convenient location offers proximity to Downtown Spokane and the Spokane Arena, ensuring high visibility and accessibility. The property is anticipated to be available in Q4 2024, with the possibility of earlier occupancy. This is a rare chance to acquire a well-situated, versatile office building in a thriving Spokane neighborhood. The single-tenancy structure simplifies management and provides a clear path to maximizing return on investment. The building's size and features make it an excellent choice for a variety of uses, from medical practices to corporate offices. Don't miss this opportunity to secure a valuable asset in a dynamic market.
Property profile
VerifiedCap rate & NOI
Current use
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Social Service Agency Charitable Organization
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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