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$550,000

3,844 sqft
1229 days
Rental|Built 1958
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Convert this building into an SRO property (single room occupancy w/shared bath) with nine rooms or three apartments by adding closets, kitchenettes and a shower. Close to Gonzaga Prep but not far from Gonzaga Univ. Wonderful corner location on Nevada, a major arterial, with strong visibility and exposure. 3,844 square feet total on two levels. Street level has a large reception area, six large sized offices, kitchenette/breakroom and bathroom. Lower daylight level has a separate entrance, room to create rooms, large windows, bathroom w/shower, mechanical room and a large clean storage room. CMU block rock solid construction. Forced air gas furnaces w/AC. This is a rare opportunity to find a small office building ready for its next user or possible conversion to residential use. For GPS navigation directions use the old address of 2900 N Nevada Street.

Sale Summary

Sold Price

$520,000

List Price

$550,000

Sale vs List

-5%

Close Date

Jun 14, 2024

Financing

Other

Buyer's Agent

Mark McLees

Property Details

Property Type

Rental

Year Built

1958

County

Spokane

Lot Size

0.2 acres

Living Area

3,844 sqft

Price / Sqft

$143

Total Parking

4 spaces

Schools

Elementary: Spokane Dist 81

Days to Sell

402 days

MLS #

SAR202315076

Parcel #

35081.1216

Annual Taxes

$3,996

Total Building Area

3,844 sqft

MLS Area

A340/014

MLS Class

Rental Income

Listing Terms

Conventional, Cash, Commercial

Road Frontage

Easement, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

May 8, 2023

Went Pending

May 20, 2024

Status Changed

Jun 17, 2024

Last MLS Update

Jun 17, 2024

MLS Branch

96

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Brick VeneerBlock

Structure Type

See Remarks

Roof

Flat

Basement

FullPartially FinishedDaylightWalk-Out Access

Heating

Natural GasForced Air

Cooling

Central Air

Parking

None

Lot Features

Sprinkler - AutomaticCorner LotCity Bus (w/in 6 blks)Irregular Lot

Listed By

Joe Dinnison

John L Scott, Inc.

Estimated Monthly Payment

$2,979/mo

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

Property Highlights

Year Built1958
Square Footage3,844 sqft
Lot Size0.2 acres
Price / Sqft$143
StatusClosed

Location

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