The Gateway to Spokane | 212 S Division St
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The Gateway to Spokane 212 S Division St
21,850 SF Office Building Spokane, WA 99202 £1,173,675 (£54/SF)
Investment Highlights
- The Gateway to Spokane
- Downtown Core
- Historic Building
Executive Summary
Affectionately regarded as the "Gateway to Spokane", citizens of our great city view the corner of 2nd & Division as an iconic location primed for impact. The Mayor's Office, in addition to Spokane City Council and a number of community organizations, have sights set on revitalizing the Downtown Core. This strategic location offers a generous footprint as a non-profit hub of activity, committed to urban services including, but not limited to corporate worship, community outreach, hospitality or development initiatives.
For nearly 120 years, this location has been occupied by people of hope who understand that the best days are still ahead, and that Spokane has the propensity to once again be named the "Healthiest City in America", as it was named as such by the Spokesman Review on March 17th, 1918.
For nearly 120 years, this location has been occupied by people of hope who understand that the best days are still ahead, and that Spokane has the propensity to once again be named the "Healthiest City in America", as it was named as such by the Spokesman Review on March 17th, 1918.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
21,850 SF
Building Class
C
Year Built/Renovated
1950/2016
Price
£1,173,675
Price Per SF
£54
Tenancy
Single
Number of Floors
2
Typical Floor Size
10,925 SF
Building FAR
0.59
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
DTG - Downtown General
Parking
56 Spaces (2.56 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 35191.1304 | Improvements Assessment | £820,868 |
| Land Assessment | £810,618 | Total Assessment | £1,631,487 |
PROPERTY TAXES
Parcel Number
35191.1304
Land Assessment
£810,618
Improvements Assessment
£820,868
Total Assessment
£1,631,487
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The Gateway to Spokane | 212 S Division St
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