Details
One-of-a-kind Spokane development opportunity, boasting an active rental portfolio consisting of five residential homes and leased shop space. With considerable cashflow and preliminary plat approval, yielding an additional three buildable lots, this unique opportunity just makes sense. Smart updates are displayed throughout the residential structures including brand new roofs and exterior finishes. The interiors are well-appointed, creating environments that encourage long-term tenancy with the primary home being steeped in rich Spokane history.
Built in 1910 by the industrious Ross Family, this prairie-style home was purchased by Mary Palmerio in 1929 and quickly gained national notoriety as a fine-dining establishment. Transitioning to a wedding venue in 1977 this property has a noteworthy legacy and continue to display its timeless beauty with exquisite woodworking and elegant finishes.
Site visits are by appointment only. Please reach out for more information.
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$1,450,000
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Lot 1.75 Acres
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MLS: CBA - 40582390
