427 Sinto Ave Spokane, WA 99201-2465
- Office buildings
- 12,891 SF
- 0.80 lot acres
Current Use by Public Records
- Cycrest Systems Inc. / Tech Support Center / IT Consulting Firm
- Pacific Holding Corporation / Business Management Consultant
- Jonathan Ferraiuolo / Business Management Consultant
- Kirchner & Jordan CPAs / Accounting Firm / Tax Preparation
- Master Tax Services Inc / Tax Preparation
Property Details for 427 Sinto Ave
- Year built
- 2003
- Lot size
- 0.80 lot acres
- Property size
- 12,891 SF
- Property type
- Office buildings
- APN
- 35181.2422
- APU
- 351812422
Description
This exceptional office space, located at 427 W Sinto Ave in Spokane, Washington, presents a unique opportunity for businesses seeking a professional environment in Spokane County. The property is classified as an office building with a professional subtype and offers multiple tenancy options. Currently, there is 4,000 square feet of vacant space immediately available, representing a significant portion of the building's total area. The minimum divisible space is also 4,000 square feet, making it ideal for a single large tenant or a smaller group seeking contiguous space. The address is conveniently located in the 99201 zip code of Spokane, Washington, offering easy access to local amenities and transportation networks. This property is perfect for businesses requiring a substantial amount of space in a well-established Spokane location. The building's professional subtype suggests a high-quality build and finish, suitable for a range of professional services. The multiple tenancy option indicates flexibility in lease terms and potential for future expansion or subletting. This is a rare opportunity to secure a significant amount of prime office space in a desirable Spokane location. Interested parties should act quickly to secure this exceptional property. Further details regarding lease terms and conditions are available upon request.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,280,000
- 6.5%
- $3,030,000
- 7%
- $2,815,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,684,000
- AI Estimate
- $2,372,000
Market price range: $1.74M - $4.18MMarket price range: $647k - $3.40M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,190,000 Current use
- MEDICAL BUILDING
- $3,065,000 Change: -4% Conversion: Easy
- RESTAURANT
- $2,855,000 Change: -10% Conversion: Moderate
- RETAIL STORES
- $2,785,000 Change: -13% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.419
- Latitude
- 47.6699
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA