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223 W 2nd Ave
Spokane, WA 99201
Office Property For Sale
Executive Summary
223 W 2nd Avenue presents a rare Live/Work opportunity in the heart of downtown Spokane. Originally built in 1903 and remodeled in 1999, the property blends historic character with modern functionality. The two-story building totals approximately ±3,100 square feet on a ±7,000 square foot lot with excellent on-site and street parking.
The ±1,550 SF main floor is professionally built out for office or retail use, featuring five private offices, a large conference room, reception area, kitchenette, and an impressive ±800 SF outdoor patio, an uncommon downtown amenity. The ±1,550 SF second floor is configured as a 2.5-bedroom, 2-bath apartment with a private deck, ideal for owner occupancy or rental income.
Within walking distance of downtown businesses and attractions, this flexible property offers a unique blend of parking, outdoor space, and dual-use potential, well suited for owner-users, entrepreneurs, or investors seeking long-term value in a central Spokane location.
The ±1,550 SF main floor is professionally built out for office or retail use, featuring five private offices, a large conference room, reception area, kitchenette, and an impressive ±800 SF outdoor patio, an uncommon downtown amenity. The ±1,550 SF second floor is configured as a 2.5-bedroom, 2-bath apartment with a private deck, ideal for owner occupancy or rental income.
Within walking distance of downtown businesses and attractions, this flexible property offers a unique blend of parking, outdoor space, and dual-use potential, well suited for owner-users, entrepreneurs, or investors seeking long-term value in a central Spokane location.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
3,100 SF
Building Class
B
Year Built/Renovated
1903/1999
Price
$475,000
Price Per SF
$153.23
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,550 SF
Building FAR
0.44
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
DTG (Downtown General)
Parking
9 Spaces (2.9 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 35191.1103 | Improvements Assessment | $202,600 |
| Land Assessment | $210,000 | Total Assessment | $412,600 |
Property Taxes
Parcel Number
35191.1103
Land Assessment
$210,000
Improvements Assessment
$202,600
Total Assessment
$412,600
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