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Listed by Emily Denison • Coldwell Banker Tomlinson
$ 319,000
Est. payment /mo
New
2002 E Boone Ave #Units A + B Spokane, WA 99202
2,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $145
MLS Listing ID 202611054
Year Built 1924
Annual Tax Amount $3,211
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Commercial
Property Description
Underutilized site with development opportunity! This property was once used as a neighborhood storefront and is currently set up as a duplex, providing immediate rental income while plans are made for future development. The real value is in the land. Zoned NR-35 per the City of Spokane, with city documentation supporting the ability to add up to 9 residential units on the rear portion of the lot. No rezone required. Buyers may choose to keep the existing building as income, develop additional residential units, explore commercial or mixed-use options, or redevelop the site entirely. Located at the corner of Boone and Napa with strong exposure, utilities in place, and close proximity to downtown, Gonzaga, and major corridors. Rare chance to acquire an income-producing property with verified development upside in an established neigborhood. Documents available, all plans subject to zoning and approvals.
Location
State WA
County Spokane
Rooms
Basement Full, Unfinished
Interior
Heating Electric, Forced Air
Exterior
View Y/N true
View City
Roof Type Composition
Building
Lot Description Level, Open Lot, Corner Lot
Story 1
Structure Type Siding
Schools
Elementary Schools Stevens
Middle Schools Shaw
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing FHA, Conventional, Cash
Listing Terms FHA, Conventional, Cash