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1522 N Washington St Spokane, WA 99201

Office buildings Google Maps
13,656 SF 0.55 ac lot Built 1957
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.15M
Range $1.04M – $1.27M (±10%)
Property ID US90-3258325

Property summary

AI-generated overview

This exceptional office property, located at 1522 N Washington St in Spokane, WA, offers a variety of spaces perfect for businesses of all sizes. The building, constructed in 1957 and renovated in 1965, boasts a total of 16,594 square feet. Currently, there are three office spaces immediately available, ranging from 905 to 1,540 square feet. The property is designated as both Executive and Traditional Office space, catering to diverse business needs. The building's address is conveniently situated in Spokane County, WA, with a zip code of 99201. The property's Assessed Parcel Number (APN) is 35074.8304. This multi-tenant building provides a flexible and established location for your business operations. The building's classic design is complemented by its functional layout, offering a blend of traditional and modern office space. This prime Spokane location provides easy access to local amenities and transportation networks. The available spaces are ready for immediate occupancy, providing a seamless transition for your business. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this well-maintained and strategically located office building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,656 SF
Lot 0.55 ac (23,978 SF)
APN 35074.8304
UPID US90-3258325

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineer
  • Charitable Organization Social Service Agency
  • Law Firm
  • Security Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
$699k
Blend (final) Blend
$1.15M

Owner & transaction history

since 2024
Last sale
$1.2M
7 recorded transactions
2024
$1.2M
2019
Price N/A
2017
$592,500
2006
$1.4M
2004
Price N/A
2004
$1.2M
1995
$8,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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