124 Jefferson St Spokane, WA 99201

Property Details for 124 Jefferson St

Year built

1911

Lot size

0.13 lot acres

Property size

4,776 SF

Property type

Refrigerated & Cold Storages

APN

35192.5327

APU

351925327

Description

This exceptional investment opportunity presents three prime commercial buildings in Spokane's vibrant Central Business District (CBD). The portfolio comprises a total of approximately 21,677 square feet across three buildings situated on a combined lot size of approximately 0.38 acres (16,500 square feet). The buildings, constructed in 1900 and 1911, boast a rich history, previously serving as a cold storage and ice packing facility. Their adaptive zoning allows for a multitude of redevelopment possibilities, catering to a range of commercial uses. The properties benefit from superb visibility and location, adjacent to recently revitalized commercial spaces, positioning them ideally for future growth within the evolving downtown landscape. The addresses are 124 S Jefferson Street, 1212 W Railroad Alley, and 1216 W Railroad Alley, Spokane, WA 99201. Parcel numbers are 35192.5327, 35192.5328, and 35192.5329. Currently vacant, this portfolio offers a unique chance to acquire a significant piece of Spokane's downtown history and shape its future. The flexible space is suitable for various uses, including flex space, refrigerated/cold storage, and storefront retail, making it an attractive proposition for investors seeking a high-potential redevelopment project in a rapidly growing area. The buildings are two stories each. This is a rare opportunity to acquire a substantial and historically significant property in a prime downtown location.

Location Insight

City

Medical Lake

County

Spokane

State

Washington

Longitude

-117.43

Latitude

47.6558

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments