324 S Sherman St
Spokane WA 99202

Sherman Medical Plaza

324 S Sherman St Spokane WA 99202

Listing #: 680246 | Status: Available | Last Modified: 4/22/2025 |

For Sale
Steve Mc Intosh
  • Phone:(509) 755-7546
  • Email:sjm@kiemlehagood.com
  • Office Name:Kiemle Hagood
  • Office Phone:(509) 783-7663
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 8,600,000.0
  • $/SF$ 360.7
  • Listing StatusAvailable
  • Days on Market390
  • Asset ClassOffice
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %7.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.50 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • AnchorSpokane Dermatology, Premier Clinical Research
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF23840
  • Net Rentable Area21895
  • Total Office SF21895
  • Largest Contiguous SF
  • Lot SF51401
  • Acres1.18
Property Type
  • Property TypeOffice
  • Office Type
  • Building ClassB
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaCBD & Periphery
  • Tax ID #35202.3134
  • Additional Parcels
  • ZoningDTU
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio3.5
Construction
  • Year Built2014
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Sherman Medical Plaza

Public Comments

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.

Public Building Comments

Approved Class C Ambulatory Surgery Center (ASC), Common area employee break room & lounge. Grand foyer entrance with espresso bar.

Search Tags

Medical/Dental

Listing Images