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Listed by Alena Kanifolsky • Kelly Right Real Estate of Spokane
$ 469,900
Est. payment /mo
New
520 S Elm St Spokane, WA 99201
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202623080
Lot Size 2,178 Sqft
Lot Dimensions 0.05
Property Sub-Type Unimproved Land
Property Description
Tree-parcel downtown Spokane assemblage with existing improvements and additional development land. The property providing excellent potential for an investor owner-user, or developer. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch –thick.
Location
State WA
County Spokane
Exterior
Utilities Available Sewer Available, Phone Available, Pwr Av Prop L, Water Available
View Y/N true
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Building
Lot Description Fenced Yard, Open Lot
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Valley
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial
NEARBY SCHOOLS & PROPERTIES
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Cambria Henry
Designated/Managing Broker License ID: 25838
304 W Pacific Ave Suite 310, Spokane, WA 99201, United States