20,634 sqft

$1,800,000

224 S Howard St, Spokane WA, 99201

Price per sqft$87.23

Built in1908

Property size20,634 sqft

Property typeCommercial

Courtesy of SVN Cornerstone, Jordan Lester Listing Contact: 509-321-2000

Overview

Active

Bom

Listed Sep 26, 2025

Updated 47h ago

We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements – Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream – 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities – Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential – Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan – Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.

Additional information

MLS^® ID: 202611335

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.01 Acres

Listings courtesy of WA - Spokane Association of REALTORS (SAR) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 8:17 PM UTC on 9/30/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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