If you are looking for a rare investment opportunity in Washington, then this investment property for sale is the perfect match for you. Located in a prime location near downtown, this property offers the potential for various business opportunities, and you can capitalize on the opportunity zone benefits.
The property features two 1 1/2 story brick turn of the century homes, situated on one parcel with five lots. Currently used as two rental homes, this property offers plenty of potential for those who are looking to restore the homes to their original glory or use the parcel as a future building site for an apartment complex, condos, or any other type of business.
One of the main advantages of this investment property is its location. It is conveniently located near downtown, making it easily accessible to the new Podium and the Spokane Arena, in between Kendall Yards and Gonzaga University. This means that it is in an area that is experiencing significant growth and development, making it an ideal location for businesses.
The property is currently zoned CB150, which allows for a wide range of commercial uses. This means that you can use the property for a variety of businesses, including retail, restaurants, offices, and more.
538 W Sinto is one of the two homes on the property. It features three bedrooms upstairs, an open staircase, and a main floor bath. The formal living room and dining room come with built-in cabinets, adding to the charm of the home. 540 W Sinto is the other home on the property, which features a large living room with the original fireplace and tall ceilings. The updated kitchen and bath, main floor laundry, and two bedrooms and a full bath upstairs add to the appeal of this home.
It is essential to note that the tenants currently occupy both homes, so it is crucial not to disturb them. However, once you own the property, you will have the opportunity to explore its full potential and capitalize on the opportunity zone benefits.
In conclusion, this investment property for sale in Washington is a rare find that offers plenty of potential for businesses. Its prime location, potential for various commercial uses, and proximity to downtown make it an ideal investment opportunity. Do not miss out on this chance to capitalize on the opportunity zone benefits and invest in this prime property today.
540 W Sinto, Spokane, WA 99201-2428