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Listed by William Hoss Evey • COBALT BROKERS
$ 650,000
Est. payment /mo
Active
1220 S Sheridan St Spokane, WA 99202
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202620373
Annual Tax Amount $2,550
Lot Size 0.280 Acres
Lot Dimensions 0.28
Property Sub-Type Unimproved Land
Property Description
Seller Financing available on this rare infill development opportunity in Spokane prestigious historic Rockwood neighborhood, just steps from beautiful Rockwood Boulevard and an easy walk to the vibrant South Perry District! This expansive single-lot parcel at 1220 S Sheridan St is ready for immediate building, but it's true highest and best use lies in utilizing Spokanes permanent middle-housing code reforms. Maximize your equity by executing a Boundary Line Adjustment (BLA) to split the property into two buildable lots. Under the City of Spokanes streamlined framework, traditional density maximums are eliminated and setbacks are reduced. Once split, options expand exponentially: build a modern duplex on each lot for a 4-unit total, integrate flexible ADUs, or explore a unit lot subdivision to sell off individual sides. Enjoy massive cost savings and design flexibility with Spokanes city-wide elimination of off-street parking mandates.
Location
State WA
County Spokane
Exterior
Utilities Available Sewer Available, Pwr Av Prop L, Water Available
View Y/N true
View Territorial
Building
Lot Description Treed, Level, Oversized Lot, Fencing
Schools
Elementary Schools Grant
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Owner Financing
Listing Terms Conventional, Cash, Owner Financing
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