165 Washington St Spokane, WA 99201-4329
Property profile & analytics
165 Washington St Spokane, WA 99201-4329
- Hotels
- 10,542 SF
- 0.45 lot acres
Property ID
US90-0262140
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.
Location Intelligence
Current Use by Public Records
- Downtowner Motel / Hotel & Motel
Property Details for 165 Washington St
- Year built
- 1957
- Lot size
- 0.45 lot acres
- Property size
- 10,542 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 35191.0504
- APU
- 351910504
Description
This established Spokane, WA motel presents a compelling investment opportunity. Located at 165 S Washington St, this turn-key operation boasts 43 rental rooms – 39 singles and 4 doubles – plus two residential units for managers. Built in two phases during the 1950s, the property comprises three buildings across a 0.45-acre lot, totaling 26,270 square feet. Each guest room is equipped with a TV, microwave, and refrigerator, and the property benefits from consistently positive year-over-year revenue. All rooms are non-smoking. The motel's furniture, fixtures, and equipment (FF&E) are included in the sale price of $1,999,500 ($95.17/sq ft). The property's strong performance is further enhanced by the high demand for affordable housing in downtown Spokane. Detailed financial information is available upon execution of a non-disclosure agreement. Showings are by appointment only
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $625,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $435,000
Market price range: $291k - $2.18M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $845,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.417
- Latitude
- 47.6549
- 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
$11,575
$536,940
$649,000
$1,185,940
-
$536,940
$649,000
$1,185,940
