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2808 Cincinnati

0.51 Acres of Commercial Land Offered at £414,755 in Spokane, WA 99207

Executive Summary

Investors considering 2808 N Cincinnati St can leverage the diverse commercial zoning to maximize returns on their investment. Potential uses for the property may include:
1. Commercial Development: The property's location and zoning make it suitable for the development of retail spaces, offices, or other commercial ventures to cater to the growing
local population.
2. Residential Development: With the housing demand on the rise, developers can explore residential options, such as apartments or condominiums, to meet the housing needs of
the community.
3. Mixed-Use Development: Combining commercial and residential elements can offer a balanced and profitable investment strategy, appealing to a broader range of tenants and
buyers.

Property Facts

Price £414,755
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Apartment Units
Total Lot Size 0.51 AC

1 Lot Available

Lot 1

Price £414,755
Price Per AC £813,246
Lot Size 0.51 AC

.51 Acres, flat and buildable for retail, mixed use, multi-family Excellent access and visibility. Great location along growing retail and residential corridor.

Description

Spokane is a thriving urban center in Eastern Washington, known for its economic stability and growing real estate market. The property's strategic location in Spokane offers proximity to various amenities, making it an ideal investment opportunity. Spokane has undergone substantial growth in recent years, characterized by increasing demand for both commercial and residential properties. This growth serves as a testament to the city's robust economic vitality and its appeal as a desirable location for both living and conducting business. Property Description: The property at 2808 N Cincinnati St features diversified commercial zoning, which is a key highlight of this investment. This zoning allows for a wide range of development possibilities, making it highly versatile for investors and developers. Whether for commercial, residential, or mixed-use development, this property provides the flexibility to realize its highest potential value.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35081.2213
Land Assessment
£121,662
Improvements Assessment
£0
Total Assessment
£121,662

zoning

Zoning Code office/retail/multi-famil (You can build as many units as long as each has a parking stall. Located within the Multi-Family Tax Exemption (MFTE) Spokane area.)
office/retail/multi-famil (You can build as many units as long as each has a parking stall. Located within the Multi-Family Tax Exemption (MFTE) Spokane area.)
  • Listing ID: 29680192

  • Date on Market: 02/10/2023

  • Last Updated:

  • Address: 2808 Cincinnati, Spokane, WA 99207

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