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!
MLS# | 202025379 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1913 |
Days On Site | 95 |
SQ Feet | 2,691 |
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Story(s) | 2 |
Area Information | |
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State | WA |
County | Spokane |
City | Spokane |
Zip Code | 99223 |
Area | A210/147 |
Listing VS Median (in 99223) | |
Price: $359,900 low | high Med: $476,500 SqFt: 2,691 low | high Med: 2,920 $ / SqFt: $134 low | high Med: $163 On Site: 95 low | high Med: 25 Sourced by Back At You |