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507 S Howard Street

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507 S Howard Street

507 S Howard St, Spokane, WA 99204
Retail,Multi-Family For Sale Available Built 1912 3 floors Zoning: OR-150
Asking Price
$4,250,000
Total Building42,500 SF
Available42,500 SF avail
Land14,288 SF land
MarketSouth Hill
CountySpokane

Read Overview
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Overview

Property ID
302292
Listing ID
705247
Type
Multi-Family
Asset Class
Retail,Multi-Family
Zoning
OR-150

Description

Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.

Listing Courtesy of:

DR
Derek Raivio
LT Real Estate
902 W. Garland Ave.,
Spokane, WA 99205
State: WA City: Spokane ZIP: 99204 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.