5105 3rd Ave, Spokane Valley, WA 99212-0725
- Banks
- 6,400 SF
- 0.99 lot acres
Current Use by Public Records
- Albrecht Law PLLC / Law Firm
- Terry Wiyrick NMLS# 190050 - Churchill Mortgage / Loan Service / Bank
- BleedZone / (Bike/Boat/Book/etc) Store
- Rose Krieger NMLS# 1376145 - Churchill Mortgage / Loan Service / Bank
Property Details for 5105 3rd Ave
- Year built
- 1961
- Lot size
- 0.99 lot acres
- Property type
- Banks
- APN
- 35231.9012
- APU
- 352319012
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 1, 2020 | — | Stak Northwest LLC | — | Deed · related | $595k · Northwest Busn Dev Assn |
| Jun 5, 2020 | $1,100,000 | Stak Northwest LLC | Third Street Construction LLC | Warranty Deed | $576k · Washington Trust Bank |
| Oct 19, 2017 | — | Third Street Consortium LLC | — | Deed · related | — |
| Oct 3, 2016 | — | Third Street Consortium LLC | — | Deed · related | — |
| Mar 5, 2009 | — | Third Street Consortium LLC | — | Deed Of Trust · related | $5.5M · Bank Of Whitman |
| Apr 14, 2008 | — | Third Street Consortium LLC | — | Trustees Deed · related | $3.2M · Bank Of Whitman |
| Oct 15, 2004 | $1,040,000 | Third Street Consortium LLC | Gas Transmission Nw Corp | Warranty Deed | $832k · Bank Of Whitman |
| — | — | Third Street Consortium LLC | — | Loan Modification · related | — |
| — | — | Third Street Consortium LLC | — | Loan Modification · related | — |
| — | — | Third Street Consortium LLC | — | Loan Modification · related | — |
| — | — | Stak Northwest LLC | — | Deed Of Trust · related | $720k · Washington Tr Bk |
| — | — | Stak Northwest LLC | — | Deed Of Trust · related | $595k · Northwest Busn Dev Assn |
Description
This exceptional office property, located at 5105 E 3rd Ave in Spokane Valley, WA 99212, offers a unique opportunity for businesses seeking flexible and adaptable workspace. The building, a Class B property constructed in 1961 and renovated in 1992, sits on a 0.99-acre lot and is zoned RC - Regional Commercial. Currently, there is 10,666 square feet of vacant space available, divisible into units as small as 9,640 square feet, with a maximum contiguous space of 1,026 square feet. The building's total square footage is not currently specified. Ample parking is provided with 33 spaces available for tenants and their guests. The property's location in Spokane Valley offers convenient access to major transportation routes and a variety of amenities. This is an ideal opportunity for a company seeking a well-maintained, adaptable office space in a thriving Spokane Valley location. The property's traditional office layout provides a classic and functional workspace, perfect for a variety of business needs. The zoning allows for a range of commercial uses, making this a versatile option for prospective tenants. Contact us today to learn more about this exceptional opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $765,000
- ML approach
- $920,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $944,000
Market price range: $654k - $1.79M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $1,060,000 Current use
- RESTAURANT
- $1,385,000 Change: +31% Conversion: Difficult
- OFFICE BUILDING
- $1,385,000 Change: +31% Conversion: Difficult
- MEDICAL BUILDING
- $1,300,000 Change: +23% Conversion: Difficult
- RETAIL STORES
- $1,090,000 Change: +3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $970,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.336
- Latitude
- 47.6549
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
