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Property profile & analytics
OFF-MARKET
Office buildings

2026 Washington St Spokane, WA 99205-4714

2,658 SF 0.14 ac lot Built 1908
Entity Owned ~ Est. High Equity
Property ID
US90-0260545
Property summary
AI-generated overview

This exceptional commercial property at 2026 N Washington Street in Spokane, WA, presents a fantastic opportunity. The single-story building offers over 2650 square feet of versatile space, ideal for a variety of businesses. Currently vacant, the building is in good condition and ready for immediate occupancy. The layout includes nine offices, two bathrooms, a break room, two reception areas, and a dedicated computer room. A full basement provides ample storage and utility space. Parking is readily available, with 8 to 10 spaces provided on the south and west sides of the building, in addition to street parking. The building features a modern heat pump system and a security system for added peace of mind. Its previous use as a financial services firm demonstrates its suitability for a wide range of professional applications, including medical practices, administrative offices, or other similar businesses. This corner lot location offers excellent visibility and accessibility, making it a highly desirable location in Spokane's urban core. Priced at $349,000, this property represents an excellent value for its size, features, and prime location. The building is ready for immediate use or can be easily reconfigured and refurbished to meet specific business needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1908
Construction STEEL FRAME
Total area 2,658 SF
Lot 0.14 ac (6,000 SF)
APN 35074.3007
UPID US90-0260545
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hormel Realty INC
Hormel Realty INC
since 2026
Last sale
$215,000
7 recorded transactions
2026
Price N/A
2025
$215,000
2024
$30,000
2015
$218,400
2002
$125,000
2002
Price N/A
1999
$170,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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