155 S Pine St 6,000 SF Vacant Industrial Building Spokane, WA 99202 $1,350,103 CAD ($225.02 CAD/SF) 7.90% Cap Rate

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.