Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1417 Division St Spokane, WA 99202
    Back to Search
    Property profile & analytics

    1417 Division St Spokane, WA 99202


    • Hotels
    • 3,760 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Mar 31, 2020
    $550,000
    Property ID
    US90-1658208
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    3%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 1417 Division St

    Year built
    1934
    Lot size
    0.17 lot acres
    Property size
    3,760 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    35181.0103
    APU
    351810103

    Description

    This exceptional Spokane, WA commercial property, located at 1417 & 1423 N Division St, offers a unique investment opportunity. The 3,760 square foot, two-story building sits on a 15,200 square foot lot (0.16 acres) and boasts a prime location on a busy thoroughfare, ensuring high visibility and accessibility. Recently updated with brand new siding and roof, this Class C building also features a new upper access staircase and a dedicated parking lot. The interior offers flexibility for customization, making it ideal for owner-occupants or tenants seeking to create a space tailored to their specific needs. The property includes an adjoining lot, presenting potential for expansion. Built in 1934, this freestanding building offers 3,760 square feet of net rentable space, suitable for a variety of uses, including retail or professional office spaces. The ample parking provides convenience for tenants and customers. This property presents a compelling opportunity to acquire a well-located, updated commercial building in a thriving Spokane market. The APN is 35181.0102 & 35181.0103, and the zip code is 99202.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $400,000
      6.5%
      $370,000
      7%
      $345,000
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $320,000
      Current use
      AUTO REPAIR, GARAGE
      $550,000
      Change: +72% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $490,000
      Change: +53% Conversion: Difficult
      OFFICE BUILDING
      $475,000
      Change: +48% Conversion: Difficult
      RETAIL STORES
      $410,000
      Change: +29% Conversion: Difficult
      MEDICAL BUILDING
      $340,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.412
    Latitude
    47.6712
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,420
    $209,000
    $140,500
    $349,500
    -
    $209,000
    $140,500
    $349,500
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message