Contacts

SVN | Cornerstone
Property Details
- Property Type Multi-Family
- Property Size 5,183 SF
- Units 9
- Lot Size 0.16 Acre
- Year Built 1897
- Date Updated Jun 2, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Attractive Pricing - Priced at $66,111 per unit, significantly below comparable sales, offering immediate equity potential
- Value-Add Potential - Select units updated with new flooring and fresh paint; strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows, and doors
- Updated Mechanical Systems - Brand new heat boiler ensures efficient heating and tenant comfort
- Historic Charm - Features timeless architectural charm, enhancing tenant appeal and marketability
- Redevelopment Opportunity - R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met
Getting around
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Location
- City Spokane, WA
- Neighborhood West Central Spokane
- Zip Code 99201
- Market Spokane
Points of Interest
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Texaco
0.46 miles
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Conoco
0.48 miles
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76
0.49 miles
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Safeway Fuel Station
0.69 miles
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Bong's
0.71 miles
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Nomnom
0.86 miles
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Maverik
0.96 miles
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ChargePoint
2.05 miles
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Tesla Destination Charger - Hampton Inn Spokane
3.28 miles
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Washington Lot
0.65 miles
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Parkrite
0.88 miles
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Parkade
0.94 miles
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Davenport Hotel Parking Garage
1.04 miles
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Diamond Parking
1.04 miles
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City Ramp Garage
1.07 miles
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Boone Avenue Retail Center (BARC)
1.47 miles
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The Centennial
0.75 miles
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Spokane Club Inn
0.84 miles
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Holiday Inn Express Spokane Downtown
0.88 miles
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Oxford Suites Downtown Spokane
0.92 miles
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Lang's on Howard
0.92 miles
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The Davenport Grand, Autograph Collection
0.94 miles
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DoubleTree by Hilton Hotel Spokane City Center
0.96 miles
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The Davenport Lusso, Autograph Collection
0.97 miles
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Riverfront Park Travel Apartments
0.98 miles
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The Historic Davenport, Autograph Collection
1.00 miles
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The Flour Mill
0.53 miles
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Safeway
0.75 miles
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Logan Square
0.77 miles
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Nordstrom
0.81 miles
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River Park Square
0.83 miles
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Main Market Coop
1.09 miles
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Rosauers
1.29 miles
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Yoke's Fresh Marketplace
1.29 miles
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Grocery Outlet
1.32 miles
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Asian World
1.50 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

SVN | Cornerstone