$4,250,000
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
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.
Property Details
Property Type
Residential Income
Year Built
1912
County
Spokane
Lot Size
0.32 acres
Living Area
42,500 sqft
Price / Sqft
$100
Schools
Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark
Days on Market
309 days
MLS #
SAR202526824
Parcel #
35191.4301
Total Building Area
42,500 sqft
MLS Area
A220/032
MLS Class
Rental Income
Listing Terms
Conventional, Cash, Commercial
Road Frontage
City Street, Paved Road
Street Direction
S
Listed On
Nov 14, 2025
Status Changed
Dec 17, 2025
Last MLS Update
Jun 23, 2026
MLS Branch
1041
School Information
Elementary
Spokane Dist 81
Middle School
Sacajawea
High School
Lewis & Clark
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Parking
Listed By
Derek Raivio
LT Real Estate
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$23,021/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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