1229 W Broadway Ave, Spokane, WA 99201
For Sale
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This exceptional 0.17-acre commercial lot presents a rare development opportunity in the heart of Spokane, Washington. Located at 1229 W Broadway Ave, this property boasts a highly desirable location directly across the street from the Spokane County Courthouse and just two blocks from the vibrant Kendall Yards neighborhood. Previously improved, the lot is ready for immediate development, with existing utilities readily accessible at the street. The corner lot configuration offers excellent visibility and accessibility, enhanced by existing curbs, sidewalks, and ample street parking on both sides. Zoned Community Business (CB), this site allows for a wide range of uses, including the construction of a building up to 150 feet in height. Importantly, the zoning also permits multi-family and residential development, opening up diverse possibilities for investors and developers. This prime location, combined with its flexible zoning and convenient infrastructure, makes this an unparalleled opportunity to build a thriving commercial or residential project in a rapidly growing area of Spokane. The asking price is $235,000. Don't miss this chance to acquire a highly sought-after property in a dynamic and expanding urban setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.