224 S Howard StSpokane, WA 99201
Spokane County
Description
We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements – Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream – 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities – Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential – Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan – Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.
Property Information
- Property type
- Commercial Sale
- Year built
- 1908
- Living area
- 20,634 Sq Ft
- Lot size
- 0.01 acres
- Days on market
- 379
- MLS® Listing#
- 202611335
Property Features
- Heating
- Electric · Baseboard
- Basement
- Unfinished
- Construction
- Brick
- Roof
- See Remarks
- Parcel number
- 35191.3105
Listing Courtesy: SVN Cornerstone - 5093212000
