518 S Elm St, Spokane, WA 99220

$469,900
  • 518 S Elm St, Spokane, WA 99220 Main Photo

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New to the Market Active
SQUARE FEET6,500 MLS#202622933
STATUSActive PROPERTY TYPECommercial - Business SCHOOLSpokane Dist 81

Property Description

Tree-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.

518 S Elm St | MLS# 202622933

This commercial property located at 518 S Elm St, Spokane, WA 99220 is currently listed for sale with an asking price of $469,900. S Elm St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.cbspokane.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Full, Finished
Fenced: Yes
Heating: Electric, Baseboard
Roof Type: Composition
Stories: 2.0
Year Built: 1901

Feature Descriptions

Additional Structures: See Remarks
Days on Site: 3
Exterior: Brick Veneer, Siding
Heating/Cooling: Electric, Baseboard
Lot: Fenced Yard, Level, Open Lot
Parcel#: 25241.4717
Road Frontage: City Street, Paved Road
Special View Info: City

Local Schools

School District: Spokane Dist 81

Listed By / Shown By

Listed By

Agency Name: Kelly Right Real Estate of Spokane

Shown By

Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400

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