2828 N MARKET ST

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2828 N MARKET ST

SPOKANE, WA 99207-5552
Asking Price
$599K
Asset Type
Apartment Building Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail asset listed for sale at 2828 N Market St
  • Current configuration functions as an apartment building
  • Priced at an asking amount of 599000 dollars
  • Located within the growing Spokane metropolitan region
  • Strategic position in the 99207 zip code area

What's Special

Spokane serves as a central hub for the Inland Northwest, anchoring a regional economy driven by healthcare, manufacturing, and education. Situated at 2828 N Market St, this retail asset occupies a functional position within a well-established submarket of Spokane. The property is currently configured as an apartment building, offering versatility for investors interested in repositioning or maintaining existing residential operations. Its location provides accessible proximity to local thoroughfares, supporting consistent connectivity for residents or customers within this part of the city. Given the layout and zoning context, the site functions well for professional services or continued multi-family use. The property benefits from the steady population base and growth characteristic of the greater Spokane metro area, where demand for adaptable real estate remains a consistent factor for those seeking to expand their local portfolio.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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