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Multi Family Development | 2 Bldgs, Pking Lot 1306 N Monroe St 1 Unit Apartment Building $2,500,000 ($2,500,000/Unit) Spokane, WA 99201
Executive Summary
Offering #1: $2.5 MILLION (2 Buildings, Parking Lot)
• Parcel Numbers | 35182.1104 + 35182.1103
• Total Land Size | ± 38,340 SF (± .88 Acres)
• Total Building Area: ± 29,934 SF
- Main Building: ± 27,634 SF
- Garage/Shop: ± 2,300 SF
Access & Location:
• Approx. ½ a city block with multiple access points.
• Northern periphery of Downtown Spokane.
• Zoning: CC2 – DC (Center & Corridor District Center)
Property Details:
• Excellent Periphery Location
• Floor Plans & Drawings Available
• Potential Location Development Benefits
• New Market Tax Credit
• General Facilities Connection Waiver
• Multi-Family Tax Exemption
• Tax Increment Financing
• Opportunity Zone Benefits
• Spokane Target Investment Area
• Low Income Housing Tax Credit
*Floor Plans available with signed NDA*
• Parcel Numbers | 35182.1104 + 35182.1103
• Total Land Size | ± 38,340 SF (± .88 Acres)
• Total Building Area: ± 29,934 SF
- Main Building: ± 27,634 SF
- Garage/Shop: ± 2,300 SF
Access & Location:
• Approx. ½ a city block with multiple access points.
• Northern periphery of Downtown Spokane.
• Zoning: CC2 – DC (Center & Corridor District Center)
Property Details:
• Excellent Periphery Location
• Floor Plans & Drawings Available
• Potential Location Development Benefits
• New Market Tax Credit
• General Facilities Connection Waiver
• Multi-Family Tax Exemption
• Tax Increment Financing
• Opportunity Zone Benefits
• Spokane Target Investment Area
• Low Income Housing Tax Credit
*Floor Plans available with signed NDA*
Property Facts
| Price | $2,500,000 | Building Class | B |
| Price Per Unit | $2,500,000 | Lot Size | 0.40 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 1 | Building Size | 29,934 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2027 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | CC2 | ||
| Price | $2,500,000 |
| Price Per Unit | $2,500,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Construction Status | Proposed |
| Building Size | 29,934 SF |
| No. Stories | 2 |
| Year Built | 2027 |
| Opportunity Zone |
Yes |
| Zoning | CC2 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 35182.1104 | Improvements Assessment | $361,100 |
| Land Assessment | $153,360 | Total Assessment | $514,460 |
Property Taxes
Parcel Number
35182.1104
Land Assessment
$153,360
Improvements Assessment
$361,100
Total Assessment
$514,460
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Multi Family Development | 2 Bldgs, Pking Lot | 1306 N Monroe St
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