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    OFF-MARKET
    Retail space

    3220 Division St, Spokane, WA 99207-1945

    3,330 SF 0.26 ac lot Built 1947
    Individually Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US90-1507823
    Property summary
    AI-generated overview

    This exceptional retail property, located at 3220 N Division St in Spokane, Washington, offers 3,300 square feet of space in a single-tenant building. Situated on a prominent corner lot at the intersection of Division Street and Bridgeport Avenue, this location benefits from significant daily traffic counts: 47,500 vehicles on Division Street and 2,900 on Bridgeport Avenue. The property sits on a substantial 11,095 square foot lot and includes 12 paved parking spaces for customer convenience. Built in 1947, the building is zoned GC, offering flexibility for a variety of retail uses. This is a rare opportunity to acquire a well-located retail space in a high-traffic area of Spokane, providing excellent visibility and accessibility for any business. The property's size and ample parking make it ideal for a range of retail ventures. The substantial lot size also presents potential for future expansion or development, subject to applicable zoning regulations. This property is ready for immediate occupancy and presents a strong investment opportunity in a thriving Spokane commercial district. The zip code is 99207.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1947
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,330 SF
    Lot 0.26 ac (11,507 SF)
    APN 35053.2909
    UPID US90-1507823
    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
    • Wintersport Ski Bike & Board (Bike/Boat/Book/etc) Store
    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
    Harlan D Douglass · 8 yrs held
    Harlan D Douglass
    since 2017
    4 recorded transactions
    2017
    2016
    $600,000
    2003
    2000
    $335,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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