118-140 Palmetto Road
Property Description
Exceptional Investment and Development Opportunity in Spokane! Ideally located just off Highway 160, 118-140 Palmetto Road offers tremendous potential for investors, developers, and builders alike. This unique multi-family property currently features three mobile homes, providing an opportunity for existing rental income while offering exciting possibilities for future development. With potential for a county-approved subdivision, the property presents an opportunity to maximize land value and explore additional residential development options, subject to applicable approvals and due diligence. Multiple septic tanks are already in place for hookups, and Liberty Utilities are on site, with city water and power available. The convenient highway access and desirable location add to the property's investment appeal. Whether you're looking to expand your rental portfolio, develop additional residential homes, or capitalize on the potential to subdivide, this versatile property offers a rare combination of existing improvements, utility infrastructure, accessibility, and future possibilities. Bring your vision and unlock the potential of this outstanding investment opportunity!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $225,000 |
| No. of Units: | 3 |
| Year Built: | 1980 |
| Opportunity Zone: | No |
| Price per unit: | $75,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 0 |
ID: 3yd-GSBORMO-60338203
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