7918 Glass Ave Spokane Valley, WA 99212
This exceptional investment opportunity in Spokane Valley, WA, presents a 4,002 square foot, two-story building situated on a 0.36-acre lot. The property, located at 7918 E Glass Ave, 99212, is zoned R-2 and includes two buildings. The main structure, built in 1974 and extensively renovated in 2021 and 2024, features six bedrooms and three bathrooms, along with a full basement. Recent renovations encompassed updated plumbing, electrical systems, and lower-level flooring. The property also boasts an attached garage, full ADA accessibility, and a significant added value: a 900 square foot shop with a one-bedroom, one-bathroom loft apartment. This versatile property is ideally suited for continued operation as an adult family home, given its existing configuration and recent upgrades. The property's location in the desirable Spokane Valley area offers strong potential for continued success and profitability. The asking price is $805,000, representing a price per square foot of $201.15. The property's APN is 45063.3211. This is a rare opportunity to acquire a well-established business with significant upside potential in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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