820 W 7th Ave - Office/Residential FOR SALE


Spokane, WA 99204- Cliff Cannon
$1,550,000 USD
509-590-9114
820 W 7th Ave, Spokane, WA for Sale
$1,550,000 USD
Office/Residential - FOR SALE
1/62
null | Request Cap Rate

820 W 7th Ave
Spokane, WA 99204
Cliff Cannon


HIGHLIGHTS

  • Heart of South Hill Medical District
  • Easy access to I-90
  • New improvements include new roof, new floors, new paint, and a new boiler.

OVERVIEW

For sale at $1,550,000 with a potential investment proforma. With a lease rate at $18 SFT/YR/NNN, the NOI is $135,702, with a cap rate of 7%, making the new value $1,938,600.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

RHD-70

APN/PARCEL ID

35193.0005

ASK ABOUT THIS PROPERTY

Steven DainesDaines Capital | Commercial Real EstateMore Info
509-590-9114

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Steven DainesDaines Capital | Commercial Real EstateMore Info
509-590-9114

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