- For Sale $8,600,000
- Property Type Office - Medical Office
- Property Size 21,895 SF
- Lot Size 1.34 Acre
- Cap Rate % 6.5
- NOI / YR $569,392.00
- Parking Spaces Avail. 77
- Parking Ratio 3.50 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1985
- Date Updated May 26, 2026
Description
Owner-User/Investment Sale
University District Medical Building
The property consists of two (2) buildings containing 20,695 SF of net rentable space. The main building is 18,160 SF and the aesthetics spa building contains 2,535 SF.
The property is situated on a 58,374 SF (1.34 acre) site.
The Owner of the building, Spokane Dermatology and Werschler Aesthetics, intend to sell and lease back a majority of the Premises. They have a long time, highly respected Dermatology practice.
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Contacts
Steve McIntosh
Kiemle Hagood
Location
Located at 324 S Sherman St, Spokane, WA 99202, this property is part of the East Central Spokane neighborhood and Spokane market.
Contact Listing Broker
Steve McIntosh
Kiemle Hagood
