518 S Elm St, Spokane, WA 99201
518 S Elm St, Spokane, WA 99201
518 S Elm St, Spokane, WA 99201
518 S Elm St, Spokane, WA 99201
518 S Elm St, Spokane, WA 99201
518 S Elm St, Spokane, WA 99201
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Kathy Ray

Kathy Ray

+1(509) 290-8433
Listed by Alena Kanifolsky • Kelly Right Real Estate of Spokane
$ 419,900
Est. payment | /mo

6,500 SqFt

Save
$ 419,900
Est. payment | /mo
Save

6,500 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $64

MLS Listing ID 202622933

Year Built 1901

Lot Size 3,049 Sqft

Lot Dimensions 0.07

Property Sub-Type Commercial

Property Description

Three parcel downtown Spokane assemblage with existing improvements and additional development land. The property providing excellent potential for an investor owner-user, or developer. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch –thick.

Location

State WA

County Spokane

Rooms

Basement Full, Finished

Interior

Heating Electric, Baseboard

Exterior

View Y/N true

View City

Roof Type Composition

Building

Lot Description Fenced Yard, Level, Open Lot

Story 2

Structure Type Brick Veneer,Siding

Schools

Elementary Schools Roosevelt

Middle Schools Sacajawea

High Schools Lewis & Clark

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash, Commercial

Listing Terms Conventional, Cash, Commercial

Schools and Properties Nearby

Kathy Ray

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(509) 290-8433

kathymray51@gmail.com

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518 S Elm St