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    Property profile & analytics

    312 Sprague Ave Spokane, WA 99201

    • Commercial real estate
    • 2,328 SF
    For Sale
    View listing
    $475,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-1324059
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stocker Smith Luciani & Staub / Attorney
    • Staub Michael K / Attorney

    Property Details for 312 Sprague Ave

    Property size
    2,328 SF
    Property type
    Commercial real estate
    APN
    35184.2913

    Description

    This exceptional 2,328-square-foot executive office condo is located in Spokane, Washington's vibrant downtown core, specifically within the historic Morgan Building. The beautifully renovated space boasts five private offices, a convenient kitchenette, and a dedicated conference room, providing ample space for a variety of business needs. Additional storage space is included, adding to the overall functionality of the property. The asking price is $475,000, translating to $204.04 per square foot. The property's APN is 35184.2913. This office condo offers a unique opportunity for businesses seeking a prestigious address and a well-appointed workspace. A significant advantage is the inclusion of all utilities and common area maintenance (CAM) within the monthly HOA dues of $750.79. Seller financing is available, making this an attractive investment opportunity. The property is situated at 312 W Sprague Ave, Spokane, WA 99201, in Spokane County. This is a rare chance to acquire a move-in ready, high-quality office space in a desirable downtown location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4167658
    Latitude
    47.6573523

    Comparable in this City

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    Similar Nearby for Sale

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      View Details

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    312 Sprague Ave
    Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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