(Leased) REDUCED! 2.5 a Office zoned site near Courthouse

1212 W Sharp, Spokane, 99201

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Office | For Sale | $950,000 | 10,000 sqft

This 2.5 acre site includes all of Block 11 of Bingaman's Addition (square block from Sharp north to Sinto and Adams east to Jefferson plus the alley and half of the vacant Adams St to the west). The parcel is mostly level and elevated providing sweeping city views. It is situated adjacent and to the north of the Spokane County Courthouse campus. It is an excellent development location for governmental, legal, and general office utilizations. The parcels currently have three single family dwellings, a tri-plex, a vacant lot and an office building. The office building has approximately 6,000 sq ft of rentable space and is fully occupied as are all the single and multifamily homes on the acreage. Monthly income totals $9,386. The sellers would consider a joint venture for buildout to Office or long term ground lease with a buyer purchase option. All reasonable purchase offers considered.

Price Per Sqft: $95

Available: 10/30/2011

Year Built: 1971

Listing ID: 178294


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1212 W Sharp Details:

Building Description:

This 2.5 acre site includes all of Block 11 of Bingaman's Addition (square block from Sharp north to Sinto and Adams east to Jefferson plus the alley and half of the vacant Adams St to the west). The parcel is mostly level and elevated providing sweeping city views. It is situated adjacent and to the north of the Spokane County Courthouse campus. It is an excellent development location for governmental, legal, and general office utilizations. The parcels currently have three single family dwellings, a tri-plex, a vacant lot and an office building. The office building has approximately 6,000 sq ft of rentable space and is fully occupied as are all the single and multifamily homes on the acreage. Monthly income totals $9,386. The sellers are most interested in a joint venture for buildout to Office or long term ground lease with a buyer purchase option.

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