on the market

Listings/206 Flats

206 Flats

On the Market

Price: $6,400,000

Offer Review Date: To be Announced

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Site Details

ADDRESS
206 S Post St, Spokane, WA
NEIGHBORHOOD
Downtown
YEAR BUILT
1890
YEAR RENOVATED
Early 2000s
RESIDENTIAL UNITS
74
COMMERCIAL UNITS
3
LAUNDRY
Shared Coin-Op
STORIES
7
NET RENTABLE SF
56,800 SF
PARCEL SIZE*
14,200 SF
PARCEL NO.*
35192.2317
2026 TAX*
$21,193
*Spokane County Assessor

Unit Mix

RESIDENTIAL
STUDIO
60 (Avg. 343 SF)
1x1
14 (Avg. 488 SF)
RESIDENTIAL TOTAL
74 (Avg. 370 SF)
COMMERCIAL
BEAUTY SALON
1,390 SF
BEAUTY SALON SUPPLY STORE
1,504 SF
COMMERCIAL GHOST KITCHEN
3,749 SF
COMMERCIAL TOTAL
3 Units | 6,643 SF

Location

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206 Flats

206 S Post St
Spokane, WA 99201
Units: 76
Price: $6,400,000

About the Area

Eastern WA’s largest city and the second largest city in Washington State, Spokane serves as the thriving business, transportation, medical, industrial, and cultural hub of the Inland Northwest Region, benefiting from a growing population driven by a robust economy.

With a steadily increasing population drawn by abundant job prospects and a vibrant cultural scene, Spokane has become a hotbed for workforce growth. This surge in population has sparked a rising demand for rental properties, resulting in a flourishing rental market. Apartment owners and investors have been quick to seize this opportunity, benefiting from high occupancy rates and the potential for rental income growth. The city’s diverse economy and the presence of major employers further contribute to a stable job market, ensuring a consistent pool of renters.

1st

Largest City in Eastern Washington

2nd

Largest City in Washington State

235K

City Population

550K

County Population

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