507 S Howard St, Spokane, WA 99204

$4,250,000
42,500
SqFt

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Property Description

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.

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Listing courtesy of SARMLS / LT Real Estate

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.