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2629 E Sprague Ave

Spokane, WA 99202
  • $75,000
  • STATUS: Pending
  • ON SITE: 45 Days
  • ID#: 202121662
Pending
UPDATED: 11 min ago
$75,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

School District:

Description

Commercial Level lot on E. Sprague in a targeted re-vitalize incentive zone. All kinds of possibilities. Perfect for a 1031 exchange. Opportunity zone gives you the ability to forgive some of your previous gains, and this property could have no taxes on your future gain. Zoning is CC2 6000 SF. Must be purchased with 2623 W. Sprague with a bordering 6000 SF lot. Billboard pays land owner 2000 per year lease . Can be re-negotiated in 2028. Lamar advertising has a 30 day 1st right of refusal.

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© 2021 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2021-10-18T13:20:50.603.
www.realestatedoneright.org/homes/121072508
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2629 E Sprague Ave Spokane, WA 99202

  • Price: $75,000
  • Status: Pending
  • Updated: 11 min ago
  • ID#: 202121662
0
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
A340/027
County:
Spokane
Area:
A340/027
School District:
Spokane Dist 81
Property Description
Commercial Level lot on E. Sprague in a targeted re-vitalize incentive zone. All kinds of possibilities. Perfect for a 1031 exchange. Opportunity zone gives you the ability to forgive some of your previous gains, and this property could have no taxes on your future gain. Zoning is CC2 6000 SF. Must be purchased with 2623 W. Sprague with a bordering 6000 SF lot. Billboard pays land owner 2000 per year lease . Can be re-negotiated in 2028. Lamar advertising has a 30 day 1st right of refusal.
Exterior Features

Access PavedPublic Road Exterior See Remarks Garage Size 0 Lot Depth Apx 120 Lot Frontage Apx 50 Roof See Remarks

Interior Features

Basement No Basement

Property Features

Business Opportunity No Heat Cooling See Remarks Lease No Real Property Yes Site Improvements Swr Avail-St Terms CashConv Water Company City

Listing provided courtesy of G.K. Hansen Real Estate.
© 2021 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2021-10-18T13:20:50.603.
 
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