1413 Division St, Spokane, WA 99202

4,000 SF | 100% Leased | Retail Building | Spokane, WA 99202 | $1,500,000 ($375/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,500,000

Property Type
Retail
Square Feet
4,000 SF
Price / Square Foot
$375

Listing Contacts

Todd Byczek
Verified Profile
  • Property Info

Property Overview

Discover a prime investment opportunity at 1417 N Division Street, Spokane, WA. This remodeled property presents an exceptional chance to capitalize on Spokane's burgeoning real estate market and vibrant local economy.
Property Highlights:
Address: 1417 N Division Street, Spokane, WA
Type: Commercial Investment Property
Features: Recently remodeled to modern standards including: Brand new siding, brand new upper access staircase, brand new roof and brand new dedicated parking lot.
Size: Adjoining lot included.
Local Economy:
Spokane boasts a robust and diverse economy supported by sectors such as healthcare, manufacturing, and technology. The city's strategic location and business-friendly environment have attracted a steady influx of businesses and residents alike.
Demographics:
With a population growth rate outpacing the national average, Spokane is home to a dynamic demographic mix, including a burgeoning young professional population and a stable base of established residents.
Traffic Counts:
Benefitting from high visibility on Division Street, the property experiences significant daily traffic, ensuring excellent exposure for any business operating from this location.
Investment Potential:
Rental Income: Secure steady rental income from commercial tenants attracted to the property's prime location and modern amenities.
Appreciation: Capitalize on Spokane's upward trending real estate market, with property values showing consistent appreciation over recent years.
Development Opportunities: Explore potential for additional development or adaptive reuse of the property to maximize returns.
Commercial Real Estate Prices:
Spokane offers competitive commercial real estate prices compared to major metropolitan areas, making it an attractive destination for investors seeking value and growth potential.
Why Invest in 1417 N Division Street?
Turnkey Investment: Recently renovated with attention to quality and functionality, the property is ready for immediate occupancy and income generation with completion of interior shell.
Strategic Location: Located on Division Street, one of Spokane's busiest thoroughfares, ensuring high visibility and accessibility for customers and clients.
Diverse Tenant Base: Appeal to a wide range of tenants, from retail businesses to professional offices, capitalizing on Spokane's growing commercial activity.
Act Now!
Don’t miss out on this exceptional opportunity to invest in Spokane's thriving real estate market. Contact us today to schedule a viewing or for more information on how you can acquire 1417 N Division Street and start earning returns on your investment

Property Details

Year Built
1986
Stories
2
Lot Size (sq. ft)
6,970 SF

Highlights

  • Division Exposure
  • Brand New Shell
  • Brand New Parking Lot

FAQ

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