1311-1318 W 1st Ave - Storefront FOR SALE


Spokane, WA 99201- City Center Spokane
$3,950,000 USD
509-499-2231
1311-1318 W 1st Ave, Spokane, WA for Sale
$3,950,000 USD
Storefront - FOR SALE
1/5
null | 7% Cap Rate

1311-1318 W 1st Ave
Spokane, WA 99201
City Center Spokane


OVERVIEW

Sale with Leaseback Investment. Nestled in Spokane’s revitalized West End, the Brick West Building at 1318 W 1st Ave is a remarkable fusion of historic charm and modern functionality. Originally constructed in 1917 as the Watts Automotive building, this 15,200 sq ft structure retains its original trusses and expansive open floor plan, offering a unique blend of industrial heritage and contemporary design. Complete remodel in 2019. 100% leased with anchor tenant Brick West Brewing Co on a 10 year lease.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$564 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,200 SF

ZONING

DTG

APN/PARCEL ID

35192.0112

ASK ABOUT THIS PROPERTY

Jordan Tampien4 Degrees Real EstateMore Info
509-499-2231

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Jordan Tampien4 Degrees Real EstateMore Info
509-499-2231

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.