Visit https://bracketre.com/listing/8b42a432-e95a-4080-9f7b-296ca5fd3d4f to access Due Diligence. Two-building, full-block offering in Spokane’s fast-growing University District, minutes from Downtown and situated within multiple public-sector incentive zones, including an Opportunity Zone (OZ), the Multifamily Tax Exemption (MFTE) area, and a Community Empowerment Zone (CEZ). The portfolio totals approximately 42,098 SF across: 115 E Pacific Ave — ±26,612 SF 112 E 1st Ave — ±15,486 SF The sites offer 104 striped parking stalls, flexible GC-150 zoning, and benefit from a waived parking requirement — a rarity for urban development opportunities of this scale. Current tenancy provides predictable income while a buyer pursues redevelopment or value-add leasing strategies. With strong anchors including Gonzaga University, WSU Spokane Health Sciences campus, and Spokane’s expanding medical district, the location supports student housing, multifamily, medical/behavioral health, and adaptive reuse concepts, in addition to continued institutional or community use. This is a unique covered-land opportunity in one of the fastest-developing innovation, healthcare, and academic submarkets in Washington State. GC-150 zoning — flexible uses including MF, student housing, medical, mixed-use Parking requirement waived — major development advantage Opportunity Zone (OZ) designation Multifamily Tax Exemption (MFTE) eligible — potential property tax exemption on improvements Community Empowerment Zone (CEZ) — incentives for investment & job creation Steps from Spokane University District — 10,000+ daily campus population Near Gonzaga University & WSU Spokane Health Sciences Adjacent to Providence & MultiCare healthcare ecosystems Surrounded by new multifamily, student housing, and mixed-use development Walkable, bikeable urban district with growing retail & innovation uses Minutes to Downtown Spokane and Spokane Convention Center Transit-served corridor with improving civic infrastructure Strong surrounding growth: new student housing, medical expansion, retail, and urban renewal activity High-growth University District corridor with dual university + health system demand drivers Visit https://bracketre.com/listing/8b42a432-e95a-4080-9f7b-296ca5fd3d4f to access Due Diligence.