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$575,000

3,340 sqft
1234 days
Commercial|Built 1924
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Potential, opportunity and established income on Northwest Blvd! 3,340 sf structure on .5 MOL acres provides so many possibilities - commercially zoned, in a great location AND offers monthly income. City Planning Dept. has indicated parcel can be used for multi-family (buyer to verify that directly with city planning). The 180 x 120 lot is zoned CB-55, allowing for many uses. The cell tower on the SW corner of parcel brings in steady monthly cash flow, increasing income over time. This 2-story building has served as an office since the '50s. Completely new electrical system installed winter 2023, new drywall AND wall insulation going in presently. Bring your imagination and make this 3,340 sq ft structure meet your needs, or redevelop the site - lots of room to dream big here !

Sale Summary

Sold Price

$540,000

List Price

$575,000

Sale vs List

-6%

Close Date

Sep 16, 2023

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Commercial

Year Built

1924

County

Spokane

Lot Size

0.5 acres

Living Area

3,340 sqft

Price / Sqft

$172

Schools

Elementary: Spokane Dist 81, Middle: Glover, High: North Central

Days to Sell

135 days

MLS #

SAR202314783

Parcel #

25122.2802

Annual Taxes

$3,430

Total Building Area

3,340 sqft

MLS Area

A330/021

MLS Class

Commercial

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Lease Considered

No

Street Direction

W

MLS Status

Sold

Listed On

May 3, 2023

Went Pending

Jun 21, 2023

Status Changed

Sep 29, 2023

Last MLS Update

Oct 2, 2023

MLS Branch

513

School Information

Elementary

Spokane Dist 81

Middle School

Glover

High School

North Central

Home Features & Details

Construction

Wood Siding

Roof

Composition

Basement

PartialPartially FinishedCrawl Space

Heating

Natural GasHot Water

Cooling

Window Unit(s)

Views

Park/GreenbeltTerritorial

Lot Features

Sprinkler - AutomaticTreedCul-De-SacCity Bus (w/in 6 blks)Border Public Land

Listed By

Molly O Cline

Keller Williams Spokane - Main

Estimated Monthly Payment

$3,115/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1924
Square Footage3,340 sqft
Lot Size0.5 acres
Price / Sqft$172
StatusClosed

Location

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