12402 Broadway Ave Spokane Valley, WA 99216
- Commercial real estate
- 10,250 SF
Current Use by Public Records
- Commercial real estate
Property Details for 12402 Broadway Ave
- Year built
- 2020
- Property size
- 10,250 SF
- Property type
- Commercial real estate
- APN
- 45153.0418
Description
This exceptional five-unit townhouse complex, built in 2020 and renovated in 2021, presents a lucrative investment opportunity in Spokane Valley, WA. Located at 12402 E Broadway Ave, 99216, this Class A property boasts a total of 10,250 square feet on a spacious 24,174 square foot lot. Each of the five townhouses features three bedrooms and three bathrooms, offering deluxe oversized living spaces with upgraded finishes. The property's central location provides easy access to a variety of amenities. The asking price is $2,150,000, translating to $209.76 per square foot and $224.39 per square foot for the land value. The property is zoned CMU, offering flexibility for potential uses. This well-maintained property is ideal for investors seeking a newer investment property, eliminating the costs and delays associated with new development. The property's high-quality construction and desirable location make it an excellent choice for long-term rental income or short-term rentals such as Airbnb. The single building, two-story structure is a turnkey investment ready for immediate income generation. APN: 45153.0418.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.23767537636
- Latitude
- 47.664352040361
