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    OFF-MARKET
    Warehouses

    3118 Boone Ave, Spokane, WA 99202-3608

    3,264 SF 0.57 ac lot Built 1931
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US90-1687116
    Property summary
    AI-generated overview

    This 735-square-foot flex/warehouse space is available for lease in Spokane, Washington. Located at 3118 E Boone Ave, Suite A, in Spokane County, this property offers a unique blend of warehouse and office functionality, ideal for a variety of businesses. The space is currently vacant and ready for immediate occupancy. The building features 200 amps of 3-phase power, ensuring sufficient electrical capacity for most industrial needs. The property is zoned for light industrial use, providing flexibility for various operations. The address is conveniently located within Spokane, WA, zip code 99202, offering easy access to transportation routes and local amenities. This multi-tenant building presents a great opportunity for a business seeking a functional and well-located space to establish or expand its operations. The total building square footage is 735 square feet, with the entire space currently available for lease. This property is perfect for businesses requiring a combination of warehouse and office space, offering a practical and efficient layout. The property's light-industrial zoning allows for a range of potential uses, making it a versatile option for various business types. The ample power supply ensures that the space can accommodate a wide range of equipment and machinery. This is a prime opportunity to secure a well-located and functional industrial space in a thriving Spokane County location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1931
    Total area 3,264 SF
    Lot 0.57 ac (25,000 SF)
    APN 35152.1708
    UPID US90-1687116
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Douglas E Phelps · 1 yrs held
    Douglas E Phelps
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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