Technical
Financial
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Property profile

34 Wellesley Ave Spokane, WA 99207

OFF-MARKET
Office buildings
Property ID
US90-0609462
4,186 SF 0.23 ac lot Built 1961
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional retail property at 34-36 E Wellesley Ave, Spokane, WA 99207, offers a total of 4,186 square feet of commercial space in Spokane County. The property is configured as two separate units: a 1,200 square foot unit and a 2,986 square foot unit, providing flexibility for a variety of business needs. Its single-tenant occupancy allows for complete control and customization. Located in a high-traffic area of Spokane, this property benefits from excellent visibility and accessibility, making it an ideal location for businesses seeking a strong presence in the Spokane market. The property's central location within Spokane offers convenient access to major transportation routes, amenities, and a thriving customer base. This presents a unique opportunity for businesses seeking a dynamic and vibrant workspace in a bustling area of Spokane. The ample square footage allows for diverse layouts and configurations to suit various business operations. This property is ready for immediate occupancy and offers a chance to establish a successful business in a prime Spokane location. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,186 SF
Lot 0.23 ac (10,064 SF)
APN 35052.0403
UPID US90-0609462

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
  • Nail Salon

Location

34 Wellesley Ave Spokane, WA 99207-1412
Spokane metro Census 1400 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2026
Last sale
$407,500
5 recorded transactions
2026
$407,500
2026
Price N/A
2022
Price N/A
2021
$163,836
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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