218-224 S Howard St, Spokane, WA

Properties For Sale

at 218-224 S Howard St Contact us

Listing agent Jordan Lester, CCIM, MBA License ##23007080

Listing office SVN Cornerstone LLC a***@svn.com Show Phone

Listing date Sep 26, 2025

Source Moodyscre

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Overview

The Howard Building, located at 224 S Howard St in Downtown Spokane, is available for sale. The property includes 40 apartment units and 2 retail suites. One retail suite is occupied by The Blessed Express Barbershop, and the other is vacant. The building also features shared laundry facilities for tenants, a communal gathering area, and a basement with potential for additional use. Significant capital improvements have been completed, including fresh interior paint, new flooring, updated bathrooms, new light fixtures, and partial furnishings. Tenants have access to shared laundry facilities, a communal gathering space, and enhanced building security. The location provides walkable access to restaurants, shopping, entertainment, nearby third-party parking, and transit. Opportunities exist to lease the vacant retail suite, activate the underutilized basement space, and further optimize operations. The property offers a diverse income stream from its residential and commercial spaces. The building has a total size of 20,634 square feet.

Suggested Use

Restaurant Dental Office Hair Salon Real Estate Agency Spa & Massage Center Building Supply Nail Salon Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Spokane

County

Spokane

State

Washington

Longitude

-117.421

Latitude

47.6597

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FAQs

What type of property is this?

Apartment building - 40 apartments and 2 retail suites in downtown Spokane.

Where is this apartment building located?

The property is located at 218-224 S Howard St Spokane, WA.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Attractive assumable loan at 4.65% interest‑only with maturity in January 2028, plus an option to extend for 24 months.; Significant capital improvements including fresh interior paint, new flooring, updated bathrooms, new light fixtures, and partial furnishings.; Value‑add potential through leasing the vacant retail suite and activating underutilized basement space.