Property profile

42 Wellesley Ave Spokane, WA 99207

OFF-MARKET
Retail space
Property ID
US90-0032027
2,359 SF 0.26 ac lot Built 1956
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction STEEL FRAME
Total area 2,359 SF
Lot 0.26 ac (11,144 SF)
APN 35052.0402
UPID US90-0032027

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
  • Hair Salon
  • (Bike/Boat/Book/etc) Store
  • Spa & Massage Center Skin Care Clinic
  • Hair Salon Nail Salon
  • Hair Salon

Location

42 Wellesley Ave Spokane, WA 99207-1412
Spokane metro Census 1400 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
Last sale
$360,000
7 recorded transactions
2025
$360,000
2024
Price N/A
2023
$350,000
2019
Price N/A
2011
$232,000
2011
Price N/A
2009
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 42 Wellesley Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message