Listed by JLL, JLL - Seattle, Washington
$5,499,000
The Crescent Building (Floors 2-7 & Lower Level)
Details
APN 35183.3303; 35183.3302
Property Type Office
Sub Type Creative Office, Executive Office
Square Footage 253,194
Occupancy 8.5%
Tenancy Multi
Price per SqFt $22
Class B
Year Built 1919
Year Renovated 2006
Buildings 1
Stories 7
Acreage 0.920
Residential Conversion or Downtown Office Investment Opportunity (Floors 2-7 & Lower Level For Sale)
Marketing description
The Crescent Building at 707 W Main Avenue presents an exceptional downtown Spokane investment opportunity, offering ±253,194 SF across floors 2-7 (±181,796 SF) and the lower level (±50,102 SF). The first-floor retail space is excluded from this offering and remains under separate ownership. This historic landmark provides investors with flexible options for residential conversion (architect-designed 90-unit plan available) or continued office use in Spokane's thriving Central Business District, complete with Opportunity Zone benefits and potential Historic Tax Credits.
Listing Contacts
Listed by JLL, JLL - Seattle, Washington
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
