1306 N Monroe St Spokane, WA 99201
Two buildings with development potential in Spokane's downtown periphery.
Lot size:
0.89 AcresProperty Features for 1306 N Monroe St
General Information
- Lot size
- 0.89 Acres
Source:
Moodyscre
Listing Agent: Tim Kestell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Spokane Multifamily Investment Opportunity
This offering includes two buildings and a parking lot, presenting a multifamily investment opportunity in the northern periphery of Downtown Spokane. The property comprises approximately 38,340 square feet (approximately 0.88 acres) of land. The total building area is approximately 29,934 square feet, which includes a main building of approximately 27,634 square feet and a garage/shop of approximately 2,300 square feet. The location offers multiple access points, spanning approximately half a city block. Zoning is CC2 – DC (Center & Corridor District Center). The property benefits from an excellent periphery location and potential location development benefits. Additional incentives include New Market Tax Credit, General Facilities Connection Waiver, Multi-Family Tax Exemption, Tax Increment Financing, Opportunity Zone Benefits, Spokane Target Investment Area, and Low Income Housing Tax Credit. Floor plans and drawings are available with a signed NDA.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.4263871
- Latitude
- 47.6694101
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two buildings with development potential in Spokane's downtown periphery.
Where is this apartment building located?
The property is located at 1306 N Monroe St Spokane, WA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - Large Land Size: ± 38,340 SF (± .88 Acres) with two buildings totaling ± 29,934 SF of building area.; - Excellent Periphery Location on the Northern periphery of Downtown Spokane with multiple access points.; - Zoning: CC2 – DC (Center & Corridor District Center) allowing for a variety of development options.