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Property profile & analytics
OFF-MARKET
Retail space

3616 Division St Spokane, WA 99207-1808

1,792 SF 0.15 ac lot Built 1978
Individually Owned 5-yr Hold Free & Clear
Property ID
US90-1186496
Property summary
AI-generated overview

This exceptional retail property, located at 3616 N Division St in Spokane, Washington, offers 1,792 square feet of space available for lease. Built in 1978, the single-tenant building sits on a sizable 6,603 square foot lot. The property is ideally situated for high visibility and accessibility, benefiting from an average daily traffic count of 47,500 vehicles on Division Street. This presents a significant opportunity for businesses seeking a well-established location with strong foot traffic. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's location in Spokane County, Washington, with a zip code of 99207, offers easy access to major transportation routes and a thriving local community. The property type is classified as retail, making it suitable for a wide range of businesses. This is a rare opportunity to secure a prominent retail space in a high-traffic area of Spokane. The property's size and location make it an attractive option for businesses looking to establish a strong presence in the Spokane market. Contact us today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction STEEL FRAME
Total area 1,792 SF
Lot 0.15 ac (6,603 SF)
APN 35053.1310
UPID US90-1186496
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Martin Venegas · 5 yrs held
Martin Venegas
since 2021
Last sale
$283,000
6 recorded transactions
2021
$283,000
2016
Price N/A
2016
$275,000
2012
Price N/A
2011
Price N/A
1995
$1,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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