Spokane, WA 99201,224 S Howard St
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Spokane, WA 99201,224 S Howard St
Spokane, WA 99201,224 S Howard St
Spokane, WA 99201,224 S Howard St
Spokane, WA 99201,224 S Howard St
Listed by Lawrence Wilson • Extant Realty
Bought with Lawrence Wilson

$1,575,000

Est. payment /mo

$1,595,000

1.3%
Est.Price: ?

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224 S Howard St Spokane, WA 99201

17,040 SqFt

SOLD DATE : 12/17/2024

Key Details

Sold Price $1,575,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 17,040 sqft

Price per Sqft $92

MLS Listing ID 202423673

Sold Date 12/17/24

Year Built 1908

Annual Tax Amount $15,480

Lot Size 4,356 Sqft

Lot Dimensions 0.1

Property Sub-Type Commercial

Property Description

Incredible opportunity to own a slice of downtown history, The Howard building. 42 unit mixed-use building is a rare find for downtown Spokane. With 2 large ground floor commercial spaces, one of which includes a new thriving barber shop, while the other units make up 34 SRO's and 6 Studio apartments. The location is unparalleled within walking distance to fast food options, groceries, banks, medical facilities, and other essential services. For tenants seeking walkable downtown living, The Howard delivers on every front. Built in 1908, this building still holds all the old world charm it did over 100 years ago yet has many modern upgrades. Security is top priority at The Howard and has paid daily patrols with security reports to show how it's dramatically improved safety over time. Close attractions and amenities include Riverfont Park, Riverpark Square, The Davenport Autograph Collection, and many more all within close proximity. Great Investment with huge value add and proforma Cap rates at 11.25%

Location

State WA

County Spokane

Rooms

Basement Full, Unfinished

Interior

Heating Gas Hot Air Furnace

Exterior

View Y/N true

View City

Roof Type Flat

Building

Story 4

Structure Type Brick

Schools

School District Spokane Dist 81

Others

Acceptable Financing Cash, Owner Financing, Commercial, See Remarks

Listing Terms Cash, Owner Financing, Commercial, See Remarks

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agent

Shawn Lewis

Realtor / Broker / Owner | License ID: 115739

+1(509) 939-4350

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