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    Property profile & analytics
    OFF-MARKET Estimated value $520,000
    Medical Office Space

    6208 Colton St, Spokane, WA 99208-8100

    2,912 SF 0.34 ac lot Built 2002
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US90-0222471
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot single-tenant medical office building is available for lease in Spokane County. Built in 2002, the one-story structure offers a convenient and well-maintained space ideal for a variety of medical or executive office uses. Previously occupied by an urgent care clinic, the property boasts ample space for various medical practices or professional offices. The building features a modified gross lease at a rate of $22.00 per square foot. Conveniently located on Colton Avenue, the property benefits from excellent visibility and signage opportunities, with shared parking available in a lot adjacent to the building. The property's single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and private workspace. Parcel number 36322.0527 provides easy identification for interested parties. This is a rare opportunity to secure a well-located, functional, and readily available office space in a thriving area of Spokane County. The building's modern design and convenient amenities make it an attractive option for businesses seeking a professional and efficient work environment. The property's strategic location ensures easy access for clients and employees alike. Don't miss this chance to establish your business in this desirable location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2002
    Total area 2,912 SF
    Lot 0.34 ac (15,000 SF)
    APN 36322.0527
    UPID US90-0222471
    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
    • Brent Nelson Pediatrician Physician
    • Stephanie Bowdish Physician
    • Kristopher Stanton Medical Clinic
    • Molly B. Stapleton, ARNP Pediatrician Physician
    • Dr. Todd Gottschalk Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $350k
    CAP Approach CAP
    $580k
    Comparable Approach Comparable
    $394k
    Blend (final) Blend
    $520k
    Owner & transaction history
    HUTTON SETTLEMENT INC
    HUTTON SETTLEMENT INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $730,000 +5.2%
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