5505 Regal StSpokane, WA 99223

This exceptional 35,040 square foot medical office building, located at 5505 S Regal St in Spokane, Washington, presents a unique investment opportunity. The property sits on a 2.33-acre lot (102,890 square feet) and boasts a prime location in Spokane's desirable South Hill neighborhood, situated on a main arterial road. The building features a turnkey fitness center, including a four-lane, 20-yard lap pool, making it ideal for a variety of medical uses. Ample parking is available with 183 spaces, including 48 stalls directly facing 55th and Regal Streets and an additional 135 spaces in a connected overflow lot accessible via a pedestrian trail. The property is zoned for mixed use, offering flexibility for future development. The surrounding area includes recently constructed apartment complexes to the north and local retail to the south and west, ensuring a strong and growing community presence. The asking price is $7,500,000. This is a rare opportunity to acquire a substantial, well-located property with significant potential in a thriving market. The building is currently vacant.