155 S Pine St - Warehouse FOR SALE


Spokane, WA 99202- U-District
$990,000 USD
509-321-2000
155 S Pine St, Spokane, WA for Sale
$990,000 USD
Warehouse - FOR SALE
1/13
null | 7.9% Cap Rate

155 S Pine St
Spokane, WA 99202
U-District


HIGHLIGHTS

  • 6,000 SF industrial warehouse in Downtown Spokane
  • ±15,000 SF lot with fenced yard area
  • Two 10' x 12' drive-thru grade-level doors
  • GC-150 zoning allowing broad commercial uses
  • Currently leased through December 2027
  • Potential owner-user flexibility with early termination option

OVERVIEW

This Downtown Spokane commercial property consists of a 6,000 SF Class C industrial warehouse situated on approximately 15,000 SF of land within Spokane’s urban core. Originally constructed in 1968, the building features a functional single-story layout with two 10' x 12' drive-thru grade-level doors, on-site surface parking, and a fenced yard area suitable for equipment and material storage. Its configuration and central location provide flexibility for retail, service, community service, contractor, or light industrial users seeking an accessible and adaptable facility. Zoned GC-150, the property supports a broad range of commercial and community-oriented uses and benefits from convenient access to major arterials throughout the Spokane market. The property is currently leased through December 2027, offering in-place income for investors while maintaining potential flexibility for an owner-user, as the existing lease may allow for early termination subject to negotiated terms. Seller financing may be available for qualified buyers, providing additional structuring flexibility for acquisition.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34

LAND SF

14,810

ZONING

GC-150

APN/PARCEL ID

35202.2011

ASK ABOUT THIS PROPERTY

Guy ByrdSVN CornerstoneMore Info
509-321-2000

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Guy ByrdSVN CornerstoneMore Info
509-321-2000

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