Map of Property

University District 2 Acre Redevelopment Site

For Sale

115 E Pacific Ave & 112 E 1st Ave, Spokane, WA 99202

This Spokane property for sale is located at 115 E Pacific Ave & 112 E 1st Ave. The general use of University District 2 Acre Redevelopment Site is office and it incorporates 42,098 square feet of class B office space. The current listed sale price for University District 2 Acre Redevelopment Site is $6,700,000. University District 2 Acre Redevelopment Site is situated on a lot that is 2.06 acre in size.

Contacts

broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

Property Details

  • Property Type Office - General Office
  • Property Size 42,098 SF
  • Units 2
  • Lot Size 2.06 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1972
  • Date Updated Dec 20, 2024
University DistrictNNN leased investment property available for sale or joint venture Rare opportunity to own an entire city block in Spokane's fast growing University District Potential 2 acre redevelopment site with very flexible GC-150 Zoning and parking requirement waived Excellent location in an opportunity zone with close proximity to Downtown Spokane
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Highlights

  • 115 E Pacific Ave: 26,612 SF
  • 112 E 1st Ave: 15,486 SF
  • Current tenants are Healing Room Ministries and On Fire Ministries
  • Leases on both buildings total a combined $29,659.51/month NNN
  • Property has 104 striped parking spaces

Getting around

  • 82/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 84/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Spokane, WA
  • Neighborhood East Central Spokane
  • Zip Code 99202
  • Market Spokane

Points of Interest

  • 7-Eleven

    0.11 miles

  • Exxon

    0.17 miles

  • Ameripride

    0.24 miles

  • Conoco

    0.34 miles

  • Nomnom

    0.70 miles

  • 76

    0.73 miles

  • Chevron

    0.82 miles

  • Mobil

    1.13 miles

  • ChargePoint

    3.19 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    3.43 miles

  • Green 6

    0.30 miles

  • Diamond Parking

    0.31 miles

  • Green 5

    0.32 miles

  • Employee Parking

    0.43 miles

  • Orange 1

    0.43 miles

  • City Ramp Garage

    0.48 miles

  • Boone Avenue Retail Center (BARC)

    1.00 miles

  • La Quinta Inn

    0.14 miles

  • Days Inn City Center

    0.28 miles

  • Best Western Plus City Center

    0.31 miles

  • Fairfield Inn & Suites Spokane Downtown

    0.34 miles

  • The Downtowner

    0.39 miles

  • Riverfront Park Travel Apartments

    0.41 miles

  • Courtyard Spokane Downtown at the Convention Center

    0.43 miles

  • DoubleTree by Hilton Hotel Spokane City Center

    0.44 miles

  • The Davenport Grand, Autograph Collection

    0.46 miles

  • Hampton Inn & Suites Spokane Downtown-South

    0.49 miles

  • Main Market Coop

    0.30 miles

  • River Park Square

    0.71 miles

  • Nordstrom

    0.77 miles

  • The Flour Mill

    0.86 miles

  • Huckleberry's Natural Market

    1.07 miles

  • Logan Square

    1.14 miles

  • Rosauers

    1.21 miles

  • Grocery Outlet

    1.30 miles

  • Safeway

    1.31 miles

  • Best Asian Market

    1.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone