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2012 N Ruby St 2,234 SF Retail Building Spokane, WA 99207 $309,950 ($138.74/SF)



Investment Highlights
- Prime Arterial Frontage
- Zoning Allows For Many Uses
- Extensive Interior Updating
Executive Summary
Free standing home/office with GC-70 (General Commercial) zoning! The property is a single family home set up for a home office, group home or room rentals on the busiest arterial in Spokane, Washington, just blocks to downtown Spokane, Gonzaga University, Great Northern University, and more! The average daily traffic count according to the Washington Dept of Transportation is 23,000+ vehicles per day. This is the perfect home/office location, and would make an excellent office site for low traffic uses such as an accountant, lawyer, therapist, etc. Up to 4 parking spaces on site (2 car tandem), with additional street parking available around the corner. The main floor has a nice foyer/lobby, an office plus a legal bedroom/office, large "L" shaped living room, and a full, updated kitchen with quartz countertops and stainless steel appliances. Upstairs are three large bedroom/office spaces, all with walk in storage closets, and a full shared bath. The basement features a large meeting room, storage space, a half bath, and utility and mechanical room. Outside there is a small fenced yard and a deck. The property was built out for a group home, but would also be great for room rentals (college students), a single family rental, and more. Very unique property, and the location can't be beat. Offered fully furnished if desired. Cash and Conventional terms. No owner contract available. ** The property has never been rented/leased before. It has always been owner/user occupied. No formal financials available because of this.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,234 SF
Building Class
C
Year Built/Renovated
1906/2020
Price
$309,950
Price Per SF
$138.74
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.06 AC
Zoning
GC-70 - 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 (1.79 Spaces per 1,000 SF Leased)
Frontage
54’ on Ruby Street
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Smoke Detector
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 35083.3007 | Improvements Assessment | $231,900 |
| Land Assessment | $70,200 | Total Assessment | $302,100 |
Property Taxes
Parcel Number
35083.3007
Land Assessment
$70,200
Improvements Assessment
$231,900
Total Assessment
$302,100
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Presented by
Kelly Right Real Estate of Spokane
2012 N Ruby St
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