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2012 N Ruby St 3,000 SF Retail Building Spokane, WA 99207 $340,000 ($113.33/SF)



INVESTMENT HIGHLIGHTS
- On Spokane's Busiest North/South Arterial
- Close To The University District (Gonzaga, Great Northern)
- WSDOT Avg Traffic Count Is 23,000 Per Day
- Close To Downtown Spokane
- Perfect Office/Residence
EXECUTIVE SUMMARY
Updated property on N. Ruby St near downtown Spokane, Washington! Zoned GC-70, which allows for a wide array of uses, from retail and general commercial to offices, and even as a single family or short term rental. Amazing visibility, and WSDOT says the average traffic count is over 23,000 vehicles per day. Great home/office set up, with 1BR, an office, a reception area, living/conference room, and a full kitchen on the main.3BR and 1BA up. The finished basement has a half bath, family/meeting room, laundry, and more. Offered fully furnished, making it perfect for room rentals or traveling nurses, a room share home, college students, transitional housing, etc. New kitchen, updated baths, and fresh paint. Within walking/biking distance to Gonzaga and Great Northern University, close to downtown, and on a bus route. Off street parking (tandem) for 4 vehicles, plus street parking around the corners on Ermina and Baldwin. This is a unique property with a myriad of uses! Property has been owner occupied and never leased.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1906/2024
Price
$340,000
Price Per SF
$113.33
Tenancy
Single
Building Height
3 Stories
Building FAR
1.11
Lot Size
0.06 AC
Zoning
GC-70, Spokane - GC-70 covers a wide array of general commercial uses including office, retail, and conditional uses include residential. See attachment for city code
Parking
4 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
65’ on Ruby St
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Smoke Detector
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35083.3007 | Total Assessment | $302,100 (2025) |
| Land Assessment | $70,200 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $231,900 (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
35083.3007
Land Assessment
$70,200 (2025)
Improvements Assessment
$231,900 (2025)
Total Assessment
$302,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
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Covenant Homes and Resources
2012 N Ruby St
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