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    Property profile & analytics
    OFF-MARKET Estimated value $970,000
    Retail space

    7808 Division St, Spokane, WA 99208-6780

    8,093 SF 0.52 ac lot Built 1992
    Individually Owned 8-yr Hold Free & Clear
    Property ID
    US90-0972979
    Property summary
    AI-generated overview

    This exceptional retail or restaurant space, located at 7808 N Division St, Spokane, WA 99208, offers 2,062 square feet in a desirable Class A strip center. Built in 1992 and renovated in 2015, the property boasts a total of 8,100 square feet across three suites within a single, one-story building. The available space is part of a multiple-tenancy building and is ideal for a variety of uses. The zoning is commercial, allowing for flexibility in business operations. The property's convenient location on North Division Street, near Lincoln Street, ensures high visibility and accessibility for customers. This space presents a fantastic opportunity for businesses seeking a well-maintained, modern space in a thriving Spokane commercial area. The minimum divisible space is 2,062 square feet, and the maximum contiguous space available is also 2,062 square feet. This former restaurant space is ready for immediate occupancy and offers a chance to establish a successful business in a prime location. The property's features and location make it an attractive option for businesses seeking a strong presence in the Spokane market. The building's excellent condition and recent renovations ensure a modern and functional space for tenants.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1992
    Construction STEEL FRAME
    Total area 8,093 SF
    Lot 0.52 ac (22,488 SF)
    APN 36292.0013
    UPID US90-0972979
    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
    • Eyemart Express Eye Care Center Optician
    • Eyemart Express; Dr. Jeffrey Thompson OD Physician
    • Serenity Eyecare Physician
    • Larry D. Thompson, OD Physician
    • Kristine Thompson Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.29M
    Comparable Approach Comparable
    $1.04M
    Blend (final) Blend
    $970k
    Owner & transaction history
    Harley C Douglass · 8 yrs held
    Harley C Douglass
    since 2017
    3 recorded transactions
    2017
    2013
    1999
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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