LOT SIZE 0.330 acres
MLS#26-10811
STATUS
PROPERTY TYPELand - Commercial
SUBDIVISIONSpokane
SCHOOLSpokane - 81
Property Description
SVN Cornerstone is pleased to present the Madison and Sharp 40 Unit Multifamily Land and Duplexes for sale, located at 1232 N Madison St and 1009 W Sharp Ave in Spokane's West Central neighborhood. The offering consists of two parcels. The first, 1009 W Sharp Ave, is a 0.33 acre parcel zoned R2 with completed building plans for a proposed 40 unit apartment development consisting of two 4 story buildings with 20 units each. The development includes 38 1bed/1bath units and 2 studios, along with a courtyard, picnic area, community garden, bicycle parking, and two common laundry rooms. The second parcel, 1232 N Madison St, features two fully renovated duplexes that underwent complete remodels down to the studs in 2020 and generate strong rental income. The properties are being offered together but may be purchased separately.The parcels are packaged together for $1,375,000.
Property Features
Property Type: Land - Commercial
Lot Size: 0.33 Acres
Taxes: $78,400
Feature Descriptions
Days on Site: 1
Lot: Level
Road: Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Spokane - 81
Listed By / Shown By
Listed By
Agency Name: SVN Cornerstone Commercial
Shown By
Agent Name: Ashley Boles
Agent Phone: (509) 951-1752
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 7,791.95 per month $1,112.78 Principal & Interest $6,533.33 Property Tax $145.83 Homeowner's Insurance
1009 W Sharp Ave | MLS# 26-10811
This land located at 1009 W Sharp Ave, Spokane, WA 99201 is currently listed for sale with an asking price of $500,000. The property has approximately 0.33 Acres. W Sharp Ave is located within the Spokane - 81 school district. Search Spokane real estate on aboles.cbspokane.com today.