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Crescent Building

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Crescent Building

707 721 W Main Avenue, Spokane, WA 99201
Office For Sale Available Cap Rate 40.16% Built 1918 7 floors Zoning: DTC
Asking Price
$5,499,000
Total Building274,391 SF
Available253,194 SF avail
Land60,113 SF land
ConstructionConcrete
MarketCBD & Periphery
CountySpokane

Read Overview
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Overview

Property ID
116445
Listing ID
680864
Type
Office
Asset Class
Office
Zoning
DTC

Description

The Crescent Building at 707 W Main Avenue presents an exceptional downtown Spokane investment opportunity, offering ±253,194 SF across floors 2-7 (±181,796 SF) and the lower level (±50,102 SF). The first-floor retail space is excluded from this offering and remains under separate ownership. This historic landmark provides investors with flexible options for residential conversion (architect-designed 90-unit plan available) or continued office use in Spokane's thriving Central Business District, complete with Opportunity Zone benefits and potential Historic Tax Credits.

Listing Courtesy of:

MS
Michael Sharapata
Jones Lang LaSalle
601 Union St. Ste 2800,
Seattle, WA 98101
State: WA City: Spokane ZIP: 99201 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.