224 S Washington St

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224 S Washington St

Spokane, WA 99201
Asking Price
$1.04M
Asset Type
Creative Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 224 S Washington St in downtown Spokane, WA.
  • This office asset encompasses a total of 8,340 square feet.
  • Property is currently listed for sale at 1,040,000 dollars.
  • The building is specifically designated as creative office space.
  • Spokane serves as a major commercial center for the region.

What's Special

Professional teams seeking a high-visibility creative office space will find this 8,340 square foot facility at 224 S Washington St a practical acquisition in the Spokane market. The building occupies a central position in the downtown area, offering proximity to the local government seat and major regional infrastructure. With its open floor plans and flexible layout, the property serves as a functional headquarters for architectural firms, marketing agencies, or tech startups requiring a collaborative environment in the Inland Northwest. Spokane maintains a steady economic profile as the primary hub for a vast, growing region, drawing businesses that benefit from the connectivity provided by major arterial roads and regional transit networks. This asset presents a clear path for an owner-user or an investor looking to capture demand within a established urban core. Prospective buyers should evaluate the current infrastructure against specific operational requirements to maximize the utility of this well-positioned downtown commercial building.

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NOI
$80,000
Cap Rate
7.69%
DSCR
1.30
Strong
Cash-on-Cash
5.85%
Monthly Payment
$5,145.353
Annual Cash Flow
$18,255.769

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