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835 N Post St Spokane, WA 99201

Office buildings Google Maps
81,653 SF 1.51 ac lot Built 1909
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$870k
Range $783k – $957k (±10%)
Property ID US90-2939109

Property summary

AI-generated overview

The Wonder Building at 835 N Post St, Spokane, WA 99201, offers prime executive office space for lease or sublease. This three-story building boasts a total of 112,000 square feet, with 29,430 square feet currently vacant and available in flexible configurations. Units range from a minimum of 10,862 square feet to a maximum contiguous space of 18,568 square feet, catering to businesses of various sizes. The building is located in Spokane County and features ample parking, with a ratio of four parking spaces per 1,000 square feet. This is a single building, multi-tenant property ideal for companies seeking a prestigious address in Spokane. The available space presents an excellent opportunity for businesses to establish or expand their operations in a well-maintained and conveniently located building. Interested parties are encouraged to inquire about lease terms and availability. The property's central location offers easy access to major transportation routes and amenities, making it an attractive option for businesses seeking a strategic location within Spokane. The building's modern design and efficient layout provide a productive and comfortable work environment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1909
Total area 81,653 SF
Lot 1.51 ac (65,750 SF)
APN 35182.4304
UPID US90-2939109

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant Civil Engineer
  • Insurance Agency
  • Hotel & Motel Resort
  • Specialty Food Shop Farmer's Market
  • Cafe & Coffee Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$19.19M
Comparable Approach Comparable
$26.50M
Blend (final) Blend
$870k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $35.7M +76.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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