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Property profile & analytics
OFF-MARKET Estimated value $2,140,000
Office buildings

206 Post St Spokane, WA 99201-4423

7,100 SF 0.33 ac lot Built 1921
Entity Owned 1-yr Hold Free & Clear
Property ID
US90-2947639
Property summary
AI-generated overview

This exceptional office space, located in the heart of downtown Spokane at 206 S Post St, 99201, offers a unique blend of history and modern convenience. The Carlyle Building, a beautifully preserved seven-story brick structure dating back to 1890, provides a prestigious address for your business. Currently, there are four available office spaces ranging in size from 170 square feet to 606 square feet, catering to various business needs. The building boasts a rich history and has recently undergone new ownership and management changes in September 2024, signaling a commitment to modernization and superior tenant experience. The building's prime location in Spokane, WA offers easy access to local amenities, transportation, and a vibrant urban environment. The available spaces are suitable for both traditional office setups and coworking arrangements, providing flexibility for diverse business models. This is a rare opportunity to secure office space in a landmark building, combining the charm of a historic structure with the functionality of modern office space. The building features both commercial office and retail suites on the first and second floors, with residential living occupying the upper five floors. Inquire today to learn more about these exceptional office spaces and secure your place in this iconic Spokane building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1921
Total area 7,100 SF
Lot 0.33 ac (14,200 SF)
APN 35192.2317
UPID US90-2947639
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
  • Pioneer Human Services Association / Organization
  • Espinosa Animal Hospital Veterinary Clinic
  • Pioneer Victory House Charitable Organization Social Service Agency
  • The Old Carlyle Hotel (Apartments) Apartment Complex
  • Carlyle Care Center Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.14M
CAP Approach CAP
$1.67M
Comparable Approach Comparable
$2.30M
Blend (final) Blend
$2.14M
Owner & transaction history
Decehcc Vh Investment LLC · 1 yrs held
Decehcc Vh Investment LLC
since 2024
Last sale
$2.1M
3 recorded transactions
2024
$2.1M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $3.1M +76.7%
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