4230 E Mission Ave, Spokane, WA 99202
For Sale
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This exceptional 7,199 square foot flex space, located at 4230 E Mission Ave in Spokane, WA 99202, presents a unique investment opportunity. Situated on a 11,237 square foot lot (APN 35151.0101), this single-building property boasts a convenient location on the border of Spokane and Spokane Valley. Originally constructed in 1951, the property underwent a comprehensive renovation in 2022, resulting in significant upgrades. These improvements include new LED warehouse lighting, updated office carpeting, a new storefront with siding and glass, and paved on-site parking. The property features a grade-level overhead door, providing easy access for loading and unloading. The permitted zoning is industrial, offering versatility for a range of uses. The asking price is $995,000, translating to $138.21 per square foot. This centrally located property offers a blend of office and warehouse space, making it ideal for businesses seeking a functional and updated workspace. Don't miss this chance to acquire a well-maintained and strategically positioned industrial flex space in a thriving Spokane location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.