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$1,100,000

61,200 sqft
834 days
Commercial|Built 1904
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

PRICE REDUCTION!! - SELLER FINANCING AVAILABLE WITH FAVORABLE TERMS. Welcome to The Jefferson, a historic gem nestled in the heart of Downtown Spokane's. Built in 1908, these two interconnected mixed-use commercial buildings boast over 63,000 square feet of potential and charm This up-and-coming district features theaters, condominiums, breweries, restaurants, and with easy access to the freeway, The Jefferson offers unparalleled convenience and opportunity. Whether you envision luxurious condos, trendy retail spaces, bustling offices, or temperature-controlled storage lockers, the possibilities are endless. Step inside to discover a canvas awaiting your creative touch. Much of the interior has been meticulously demoed and sandblasted, offering a blank slate for your vision to flourish. With three main floors, a spacious basement, and a versatile flat rooftop that can be transformed into a vibrant community terrace, The Jefferson offers limitless potential for both residents and businesses alike.

Sale Summary

Sold Price

$1,100,000

List Price

$1,100,000

Sale vs List

+0%

Close Date

Nov 6, 2024

Financing

Other

Buyer's Agent

Mark McLees

Property Details

Property Type

Commercial

Year Built

1904

County

Spokane

Lot Size

0.36 acres

Living Area

61,200 sqft

Price / Sqft

$18

Schools

Elementary: Spokane Dist 81

Days to Sell

152 days

MLS #

SAR202417639

Parcel #

35192.1201

Total Building Area

61,200 sqft

MLS Area

A700/035

MLS Class

Commercial

Listing Terms

Conventional, Cash, Owner Financing, Lease Option, Lease Purchase, Commercial, See Remarks

Road Frontage

City Street, Paved Road

Lease Considered

No

Street Direction

S

MLS Status

Sold

Listed On

Jun 6, 2024

Went Pending

Oct 26, 2024

Status Changed

Nov 11, 2024

Last MLS Update

Nov 11, 2024

MLS Branch

1221

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Brick

Roof

Flat

Basement

FullUnfinished

Heating

Natural GasElectricSee Remarks

Cooling

Other

Accessibility

See RemarksDoor Width 32 Inches or MoreHallways 32+Ramp - Main Level

Views

CityMountain(s)Territorial

Lot Features

ViewsLevel

Listed By

Daniel Preston

REAL Broker LLC

Estimated Monthly Payment

$5,958/mo

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

Property Highlights

Year Built1904
Square Footage61,200 sqft
Lot Size0.36 acres
Price / Sqft$18
StatusClosed

Location

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