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    Property profile & analytics
    OFF-MARKET Estimated value $1,550,000
    Retail space

    518 Riverside Ave, Spokane, WA 99201-0504

    9,870 SF 0.1 ac lot Built 1890
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US90-0262119
    Property summary
    AI-generated overview

    This exceptional executive office space at 518 W Riverside Avenue in Spokane, Washington, offers a unique opportunity for businesses seeking flexible and modern workspace. Located in Spokane County (APN 35184.2408), this property boasts a total of 14,366 square feet, with 1,000 square feet currently vacant and immediately available for lease. The building accommodates multiple tenants, providing a collaborative and professional environment. Units are divisible down to a minimum of 100 square feet, allowing for customization to suit various business needs. The maximum contiguous space available is 1,000 square feet, ideal for smaller teams or expanding businesses. The property's address is 518 W Riverside Avenue, Spokane, WA 99201, offering convenient access to the city's amenities and transportation networks. This is a fantastic opportunity to secure a well-located, versatile office space in a thriving Spokane business district. The property is classified as an Executive Office, commercial, and is perfect for businesses seeking a prestigious address and flexible lease terms. Contact us today to schedule a viewing and discuss your specific requirements. This is a rare opportunity to secure office space in a highly desirable location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1890
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 9,870 SF
    Lot 0.1 ac (4,534 SF)
    APN 35184.2408
    UPID US90-0262119
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Indaba Coffee Cafe & Coffee Shop
    • Spokane Angel Alliance Corporate Office Financial Advisor
    • PrintWithMe Print Kiosk at Indaba Coffee (Bike/Boat/Book/etc) Store Printing Service
    • Bend & Sway Advertising Agency Marketing & Advertising
    • Gantry Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.58M
    Comparable Approach Comparable
    $1.10M
    Blend (final) Blend
    $1.55M
    Owner & transaction history
    518 W Riverside Partners LLC · 9 yrs held
    518 W Riverside Partners LLC
    since 2016
    5 recorded transactions
    2018
    2016
    $1.1M
    2000
    $375,000
    1998
    $125,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.4M +14.6%
    Medical building $2.4M +10.1%
    Restaurant $2.2M +2.6%
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