9505 Division St Spokane, WA 99218
- Office buildings
- 8,590 SF
- 0.65 lot acres
Current Use by Public Records
- Advanced Health Therapeutic Massage / Massage Therapist
- Tousled Hair Studio / Hair Salon
- Washington State First Aid and Supplies / First Aid Station
- Alpine Family Chiropractic Center / Chiropractor
- Hedi Olson / Therapists
Property Details for 9505 Division St
- Year built
- 1981
- Construction
- STEEL FRAME
- Lot size
- 0.65 lot acres
- Property size
- 8,590 SF
- Property type
- Office buildings
- APN
- 36184.2210
- APU
- 361842210
Description
This exceptional Spokane, WA office building presents a fantastic investment opportunity. Located at 9505 N Division St, 99218, this single-building property boasts a total of 8,590 square feet situated on a sizable ±28,242 square foot lot. The property is zoned Regional Commercial (RC) and features multiple tenancies, with four individual office spaces currently available, ranging from 108 to 192 square feet. The building benefits from recent upgrades, including fresh exterior paint, updated landscaping and lighting, and a newly installed security system. Interior improvements include new paint, energy-efficient LED lighting, and fresh carpeting. Convenient card access entry ensures security, and ample parking is provided for tenants and visitors. Prominent pylon signage offers excellent visibility for businesses. The property's APN is 36184.2210. This well-maintained building offers a blend of modern amenities and a prime location, making it an ideal investment for both individual entrepreneurs and larger organizations seeking flexible office space in a thriving Spokane community. The building's traditional office layout provides a classic and functional workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $400,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $500,000
- Mixed-Use
- $515,000
- Hospitality
- $455,000
- Educational
- $470,000
- Residential Income
- $465,000
- Energy
- $420,000
- Income-Based Land
- $435,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.412
- Latitude
- 47.7442
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
