Wednesday, May 20, 2015

Michael Building renovations nearing completion, luxury apartments available

The Michael Building / The Germond Block, whatever you want to call it, major renovations are nearing the end for the historic building on the northeast corner of E. Sprague and Lincoln in Downtown Spokane.



826 E. Sprague is the buildings address and it's bringing new apartments to Downtown and updated retail space. And, these are not your average apartments as The Michael Building is luxury urban living in residences with top of the line touches and of course location, location , location.

The Michael Building overlooks part of the Davenport Hotel, near the STA bus plaza and only a couple of blocks from Riverfront Park and River Park Square. The building offers 18 apartments with one and two bedroom units available. Rental rates at The Michael Building are a bit higher then most in Downtown Spokane at near $1,600 per month for 1 bedroom and $2,300 per month for a 2 bedroom. But, despite the higher rental rates the building and it's location are worth it since about half of the apartments are already rented.

The apartments take up all three upper floors of the four story building and offer exposed brick, brand new stainless steel appliances, newly updated plumbing and electrical and updates through out the entire building including a new secure lobby area on the ground floor facing E. Sprague Ave. .

In addition to the new apartments the ground floor space has also received some updates and will soon be home to a new a restaurant. The space at the corner of Sprague and Lincoln will become Knife Burger Bar with an opening currently planned for August. In addition to Knife Burger Bar, Patit Creek Cellars winery's tasting room and Bruttles candies retail store are also tenants in the Michael Building that are planning to stay in their existing storefront spaces.

Another storefront space is also available on the ground floor, with an 800 square foot space still available. The storefront was once rumored to be planned to be a coffee shop but it appears that plan never came through and the space remains for lease. The storefront is for lease at $18.00 per square foot. Commercial leasing at The Michael Building is being done through Goodale & Barbieri Company Real Estate, here is a link to more information on that space-

http://g-b.com/properties/46985/

Apartment rentals in the Michael Building is also being done by a division of Goodale & Barbieri. For information on apartments call 509-459-6109 or visit the building's official web site at-

http://www.themichaelbuilding.com/

* Also, check out themichaelbuilding.com for photos and floor plans of the luxury apartments.

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