Property profile

2166 N Hamilton St Spokane, WA 99207

FOR LEASE
Retail space
Property ID
US90-1215162
1,250 SF 0.11 ac lot Built 1923
Entity Owned 1-yr Hold Free & Clear
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2166 N Hamilton St, Spokane, WA 99207 For Lease
Contact for pricing 1,562 SF available
2166 N Hamilton St, Spokane, WA 99207
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Property summary

AI-generated overview

This exceptional free-standing retail building, located at 2166 N Hamilton St in Spokane, WA, presents a unique investment opportunity. Built in 1923, this single-tenant property boasts 1,250 square feet of versatile space, ideal for a variety of retail uses. The property's location in Spokane County, zip code 99207, offers excellent visibility and accessibility. The building's solid construction and established presence make it an attractive option for both owner-occupiers and investors seeking a stable, income-producing asset. With its convenient location and substantial square footage, this property is well-suited for a range of retail businesses. The property's two APNs, 35084.0910 & 35084.0908, further identify this unique Spokane County offering. This is a chance to acquire a well-established retail space in a thriving Spokane neighborhood. The building's age adds character and charm, while its size provides ample room for operations and potential expansion. This property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer. The single-tenant occupancy simplifies management and provides a straightforward investment strategy. Don't miss this chance to own a piece of Spokane's vibrant retail landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1923
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,250 SF
Lot 0.11 ac (5,000 SF)
APN 35084.0910
UPID US90-1215162

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
  • Tattoo & Piercing Shop

Location

2166 N Hamilton St Spokane, WA 99207
Spokane metro Census 2502 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2025
Last sale
$350,000
4 recorded transactions
2025
$350,000
2002
Price N/A
1995
$82,000
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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