$359,900

3128 E 29th

Spokane WA, 99223

Description

Fantastic opportunity for commercially zoned South Hill property that has been used as a successful art & framing business for many years. High visibility & traffic count on 29th near Trader Joes, other retail & offices . O-35 zoning allows for both office and high-density residential uses. Paved driveway, paved parking for 8 & more parking with purchase of adjacent lot. Potential uses including professional services, art studio/showrooms, collaborative or private offices, even a live/work setup. Structure is a well-maintained craftsman with newer roof, hardwood floors, original trim, gorgeous fireplace etc. Upstairs has open loft with 3 semi-private rooms & half bath with plumbing for bath/shower. Seller used for their own business but estimate lease at $2,500-3,000 per month, only $11-13/sq ft. Buy & hold or build an office building or apartment complex now. Tremendous upside with second buildable lot & expansive growth nearby. Overall, this is a great opportunity in a prime location!

Details

MLS#202025379
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1913
Days On Site95

Features

SQ Feet2,691
Story(s)2
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Area Information
StateWA
CountySpokane
CitySpokane
Zip Code99223
AreaA210/147
Listing VS Median (in 99223)
Price:
$359,900
low | high
Med:
$476,500
17.602111697694% of Average
SqFt:
2,691
low | high
Med:
2,920
41.490152359718% of Average
$ / SqFt:
$134
low | high
Med:
$163
27.98537074606% of Average
On Site:
95
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2021 8:06:44 PM PST
Erik Dordal LogoMLS Number: 202025379
Listing Provided By:
Erik Dordal  of  Windermere City Group

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