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    FOR SALE
    Medical Office Space

    1915 N Division St, Spokane, WA 99207

    4,440 SF 0.13 ac lot Built 1948
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US90-0640182
    Property summary
    AI-generated overview

    This exceptional 5,472 square foot commercial property, situated at 1915 N Division St in Spokane, WA, presents a unique investment opportunity. Currently configured as a 4,440 square foot dental lab, this building offers immense versatility and potential for a variety of uses. Its central location, less than a mile north of the Spokane Convention Center, provides excellent visibility and accessibility. The property benefits from a high-traffic location between established businesses, Blades Hair Studio and Spokane Furniture Company, ensuring consistent foot traffic. The convenient location, just half a block north of Indiana Avenue, adds to its appeal. The building's spacious layout includes an upper level that could potentially be converted into an apartment, adding significant value and rental income possibilities. The 0.13-acre lot provides ample space for parking and future expansion. This well-maintained office building is a rare find, offering a substantial amount of space at an attractive price point of $699,900. The existing dental lab setup provides a solid foundation for a new owner, while the building's adaptability allows for a wide range of future uses. Don't miss this chance to acquire a prime commercial property in a thriving Spokane location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1948
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,440 SF
    Lot 0.13 ac (5,446 SF)
    APN 35074.3502
    UPID US90-0640182
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Golden Dental Lab Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $335k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $614k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Golden Properties LLC · 7 yrs held
    Golden Properties LLC
    since 2018
    4 recorded transactions
    2018
    $345,000
    2018
    2013
    $265,000
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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