502 W Riverside Ave Spokane, WA 99201
Property profile & analytics
502 W Riverside Ave Spokane, WA 99201
- Office buildings
- 8,230 SF
- 0.21 lot acres
Property ID
US90-3359500
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Numerica Credit Union - Downtown Branch / Credit Union
- Devfuzion 24x7 IT & Cybersecurity / IT Consulting Firm / Tech Support Center
- Edwards LaLone Travel / Travel Agency
- KSBN-AM Spokane / Electronics & Wireless Store
- Fellowship Financial Planning / Financial Advisor
Property Details for 502 W Riverside Ave
- Year built
- 1953
- Lot size
- 0.21 lot acres
- Property size
- 8,230 SF
- Property type
- Office buildings
- APN
- 35184.2417
- APU
- 351842417
Description
Located at 502 W Riverside Ave in Spokane, Washington (zip code 99201), this exceptional commercial property offers a diverse range of office spaces ideal for various business needs. The building features multiple tenancies, catering to businesses of all sizes. Available spaces range from a compact 1,240 square feet to expansive 11,194 square feet, providing flexibility for businesses seeking smaller, efficient layouts or larger, collaborative work environments. The property's classification includes Creative Office, Traditional Office, Professional, Lab, and Production spaces, showcasing its adaptability to a wide array of industries and operational requirements. Situated in Spokane County, this location benefits from excellent access to the city's amenities and transportation networks. The exact total square footage of the building is currently unavailable. This prime Spokane Riverfront location presents a unique opportunity for businesses seeking a dynamic and versatile workspace. The property's diverse subtype classifications highlight its suitability for a broad spectrum of commercial uses. Inquire today to explore the available spaces and discover how this property can meet your business needs.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,095,000
- 6.5%
- $1,935,000
- 7%
- $1,795,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,412,000
- AI Estimate
- $1,553,000
Market price range: $1.11M - $2.67MMarket price range: $413k - $2.17M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,035,000 Current use
- MEDICAL BUILDING
- $1,960,000 Change: -4% Conversion: Easy
- RESTAURANT
- $1,825,000 Change: -10% Conversion: Moderate
- RETAIL STORES
- $1,780,000 Change: -13% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.42
- Latitude
- 47.6583
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,009
$659,020
$899,700
$1,558,720
-
$659,020
$899,700
$1,558,720
