Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1520 3Rd Ave Spokane, WA 99201

    • Banks
    • 66,907 SF
    • 1.76 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $6,200,000
    Last Sale
    Nov 18, 2021
    $4,849,500
    Location Intelligence
    Property ID
    US90-1680345
    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.

    Current Use by Public Records

    • OmniPark / Software Company
    • Agents Ally / Software Company
    • Northwest Neurology / Neurologist
    • Colleen Moore / Nurse Practitioner
    • Emiliana Fiesta / Banquet Hall

    Property Details for 1520 3Rd Ave

    Year built
    1976
    Lot size
    1.76 lot acres
    Property size
    66,907 SF
    Property type
    Banks
    APN
    25241.2511
    APU
    252412511

    Description

    This exceptional medical and traditional office building, located at 1520 W 3rd Ave in Spokane, WA, 99201, offers a rare opportunity. The property boasts a total of 30,166 square feet situated on a generous 1.76-acre lot (approximately 76,500 square feet). Currently, there are two available office spaces ranging from 3,439 to 3,795 square feet, ideal for a variety of medical or professional practices. The building is zoned DTC (Downtown General), providing flexibility for various uses. Ample parking is available with approximately 94 stalls, offering a convenient 3.4 spaces per 1,000 square feet. The property's location in Spokane's vibrant downtown core provides excellent visibility and accessibility. The property's APN is 25241.2511, and it's situated in Spokane County. This is a multi-tenant building presenting a strong investment opportunity in a desirable location. The building's size and parking capacity make it suitable for a range of businesses seeking a prominent presence in the Spokane market. Contact us today to learn more about this exceptional property and the available suites.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.435
    Latitude
    47.654
    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
    $44,591
    $2,103,750
    $2,468,100
    $4,571,850
    -
    $2,103,750
    $2,468,100
    $4,571,850

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      1425 Howard St

      FINANCIAL BUILDING • 0.05 Acres
      1425 Howard St, Spokane, WA 99201-2413
      View Details
    • Value Estimation by Request
      0.66 Acres

      818 Riverside Ave

      FINANCIAL BUILDING • 0.66 Acres
      818 Riverside Ave, Spokane, WA 99201-0916
      View Details
    • Value Estimation by Request
      16,384 SF

      920 Riverside Ave

      FINANCIAL BUILDING • 16,384 SF
      920 Riverside Ave, Spokane, WA 99201-1010
      View Details
    • Value Estimation by Request
      7,528 SF

      1212 Washington St

      FINANCIAL BUILDING • 7,528 SF
      1212 Washington St, Spokane, WA 99201-2403
      View Details
    • Value Estimation by Request
      384 SF

      55 Msn Ave

      FINANCIAL BUILDING • 384 SF
      55 Msn Ave, Spokane, WA 99201-2333
      View Details
    • Value Estimation by Request
      9,600 SF

      222 Wall St

      FINANCIAL BUILDING • 9,600 SF
      222 Wall St, Spokane, WA 99201-0819
      View Details

    Similar Nearby for Sale

    • $1,300,000
      21,677 SF

      Prime Spokane CBD Trio

      Historic Flex Space, Redevelopment Ready
      124 Jefferson St, Spokane, WA 99201
      View Details
    • $425,000
      1,707 SF

      Versatile Retail Space For Sale

      Retail property suitable for various uses with recent upgrades.
      213 S Bernard St, Spokane, WA 99201
      View Details
    • $2,200,000

      Four Parcel Package in Spokane

      Two buildings, parking lot, and vacant land for sale.
      1215-1217 N Monroe St, Spokane, WA 99201
      View Details
    • $3,600,000
      17,840 SF

      Spokane Mixed-Use Opportunity Zone Property

      Mixed-use building with showroom, office, and warehouse space for sale.
      902 W Mallon Ave, Spokane, WA 99201
      View Details
    • $1,900,000
      20,634 SF

      Downtown Spokane Mixed-Use Building

      40 apartments and 2 retail suites in downtown Spokane.
      218-224 S Howard St, Spokane, WA 99201
      View Details
    • $4,500,000
      42,500 SF

      Mixed-Use Property in South Hill

      Mixed-use property with retail and apartments in Spokane's South Hill.
      507 S Howard St, Spokane, WA 99201
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      38,400 SF

      Spokane Executive Office Space

      Prime Spokane Office, 7,023-15,130 SF
      222 Wall St, Spokane, WA 99201
      View Details
    • $12 SF/Yr
      28,152 SF

      Retail Space on Monroe Street

      Retail space available on high-traffic Monroe Street.
      1508 N Monroe St, Spokane, WA 99201
      View Details
    • $18 SF/Yr
      5,082 SF

      High-Visibility Retail, Office, Flex Space

      Retail, office, or flex space in high-traffic corridor.
      1201 North Washington St, Spokane, WA 99201
      View Details
    • $1,476 /Mo
      1,362 SF

      Retail Space in Spokane, WA

      Retail space available for lease in Spokane, Washington.
      152 S Washington St, Spokane, WA 99201
      View Details
    • $12 SF/Yr
      3,026 SF

      Retail Space with Patio Access

      Shell condition retail space with potential tenant improvements and patio.
      2 W 3Rd Ave, Spokane, WA 99201
      View Details
    • $5,000 /Mo
      2,266 SF

      Retail Space on Main Avenue

      Retail space available for lease in Spokane, Washington.
      301 W Main Ave, Spokane, WA 99201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1520 3Rd Ave
    Spokane, WA 99201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.