1414 N Lincoln St - Apartments FOR SALE


Spokane, WA 99201- Emerson Garfield
$950,000 USD
509-481-0355
1414 N Lincoln St, Spokane, WA for Sale
$950,000 USD
Apartments - FOR SALE
1/13
null | 6.26% Cap Rate

1414 N Lincoln St
Spokane, WA 99201
Emerson Garfield


HIGHLIGHTS

  • Bus route
  • Great location, affordable living.
  • Security system

OVERVIEW

Price Reduction! Seize this rare opportunity to own a fully leased multi-unit commercial property in the bustling core of Spokane! This 9-unit investment offers a diverse range of spaces catering to various tenants, from 350 sq. ft. to 800 sq. ft. Located on a high-traffic bus route, this property enjoys excellent visibility and accessibility, making it a desirable location for businesses and ensures strong tenant retention. With all units currently occupied, this turn-key investment delivers immediate cash flow and long-term stability. With the high-density zoning, there's plenty of opportunity to add more units to this lot as well! Don't miss out on this prime commercial asset—schedule a private showing today!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

9

PRICE/UNIT

$105,556

CAP RATE

6.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RHD-55

APN/PARCEL ID

35182.0709

ASK ABOUT THIS PROPERTY

Robert SherwoodAmplify Real Estate Services, LLCMore Info
509-481-0355

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Robert SherwoodAmplify Real Estate Services, LLCMore Info
509-481-0355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.