507 S Howard St Spokane, WA
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Mixed-use property with retail and apartments in Spokane's South Hill.
Type:MULTIFAMILY
Property size:
42,500 SFLot size:
0.33 AcresPrice / SF:
$100/SF- Added:
- Nov 14, 2025
- Days on Market:
- 162
- Last Refresh:
- Apr 5 at 8:09 pm
Property Features for 507 S Howard St
General Information
- Standard status
- Active
- Size
- 42,500 SF
- Lot size
- 0.33 Acres
- Property subtype
- MULTIFAMILY
Listing agent Derek Raivio (360) 518-9381
Listing office LT Real Estate (360) 518-9381
Listing date Nov 14, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LT Real Estate
Overview
Mixed-Use Property in South Hill
This mixed-use property is located in Spokane’s South Hill neighborhood. The building includes 1,015 square feet of retail space, currently occupied by a coffee tenant with five years remaining on the lease. Above the retail space are twenty-nine apartments. The unit mix consists of eighteen one-bedroom and eleven two-bedroom apartments, all featuring spacious layouts and quality finishes. Located in an Opportunity Zone, the property offers potential tax benefits. The property has a total size of 42,500 square feet and offers income potential. There is potential for rent upside of 10%-20%. The property is positioned in a high-demand location near downtown, shopping, and dining.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Riverfront Park
Park
Knickerbocker Apartments
Apartment Building
Rotary Fountain
Resort
Shane O'Reilly Memorial ...
Family Recreation Center
Lilac Park
Park
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.422
- Latitude
- 47.6624
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and apartments in Spokane's South Hill.
Where is this mixed-use property located?
The property is located at 507 S Howard St Spokane, WA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: High‑demand South Hill location in Spokane, close to downtown, shopping, and dining.; Existing retail tenant (coffee shop) with five years remaining on the lease provides immediate income.; Opportunity Zone location offers valuable tax benefits.
