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Listed by Kristopher Zarek • Realty One Group Eclipse
$ 750,000
Est. payment /mo
Active
604 S Ray St #606 Spokane, WA 99202
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202614420
Year Built 1946
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Commercial
Property Description
Rare opportunity to own a versatile multi-family/mixed-use property in Spokane near schools, hospital, businesses with strong income potential and multiple commercial or residential uses. This unique property is ideal for group housing, assisted living, student housing, Airbnb, or office conversion. The back unit features a spacious 6 bed, 2 bath layout with the ability to accommodate up to 12 income-producing beds, previously operated as a group home generating around $700 per bed. The layout includes a large kitchen, open living space, designated manager's quarters, and office loft—perfect for supported living, group housing, or workforce housing.The front unit offers 2 bed, 1 bath with a flexible setup ideal for a manager or owner-occupant, with a bedroom plus additional guest room/office. A attached side structure that is around 198 sq ft provides excellent potential for intake office, counseling space, or private workspace, plumbed with plumbing and electrical.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Heating Electric, Ductless
Cooling Wall Unit(s)
Exterior
View Y/N true
View Territorial
Roof Type Composition
Building
Lot Description Views, Sprinkler - Automatic, Level
Structure Type See Remarks,Fiber Cement
Schools
Elementary Schools Frances
Middle Schools Chase
High Schools Ferris
School District Spokane Dist 81
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash