1417-1423 N Division St

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1417-1423 N Division St

Spokane, WA 99202
Asking Price
$200K
Asset Type
Retail
Class
Class B

What's Special

Prime Commercial Corridor | GC-150 Zoning <p><strong>WA Auctioneer: Auction Company License: Crexi, WA 24004486</strong></p><ul><li>​Prime Commercial Corridor - Situated on North Division Street, Spokane's primary north-south arterial.</li><li>​Value-Add Opportunity - Vacant condition provides immediate control over renovation and repositioning efforts.</li><li>​Hospitality Potential - Opportunity to re-establish lodging operations with updated branding and modernized facilities.</li><li>​Airport Accessibility - Convenient access to Spo

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NOI
$80,000
Cap Rate
40.00%
DSCR
6.74
Strong
Cash-on-Cash
113.54%
Monthly Payment
$989.491
Annual Cash Flow
$68,126.109

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