5634 E Commerce Ave, Spokane, WA 99207
Listing Number: 202515212
Listing Price: $700,000
Number of Units: 9
Lot Size: 24,396 Sq Ft
Total Parking Spaces: 25
Katz Realty, Inc.509-725-1701
Courtesy: REAL Broker LLC
-= Complex Details =-
Number of Units: 9
-= Building Details =-
Year Built: 1913
Effective Year Built: 1913
Style: Traditional
Number of Stories: 2
Amenities: Laundry
Roof: Flat
Approx. Sq Ft: 8,832
Heating & Cooling: Natural Gas, Electric
-= Site Details =-
Lot Size: 24,396 Sq Ft
Lot Details: Treed, Level, Corner Lot
Utilities
Parking
Total Number of Parking Spaces: 25
-= Location Information =-
Address: 5634 E Commerce Ave, Spokane, WA 99207
City: Spokane
State:
Zip Code: 99207
Latitude: 47.67688700
Longitude: -117.32586400
-= Community Information =-
School District: West Valley
-= Assessor Information =-
County: Spokane
Tax Number: 35114.1701
Tax Amount: $5,136 Tax amount may change after sale.
-= Purchase Information =-
Listing Price: $700,000
-= MLS Listing Details =-
Listing Number: 202515212
Listing Status: Active
Listing Office: REAL Broker LLC
Co-listing Office: Bornhoft Commercial
Listing Date: 2025-04-17
Original Listing Price: $0
MLS Area: A140/073
Marketing Remarks: A classic 1913 brick landmark in Spokane, the Parkwater Schoolhouse has been reimagined as a distinctive apartment building with room to grow. This two-story former school—once a brewery and later a beloved winery—now features four renovated residential apartments and a shared laundry room for tenants. Zoned GC-70, the property includes two large main-floor spaces with strong potential to be converted into up to four additional apartments. Situated on a prominent corner lot, the 8, 832 sq ft building sits on over half an acre and offers 25 parking spaces. The full unfinished basement includes a conveyor belt and loading dock, offering further potential for storage, creative reuse, or development. Full of historic character and investment upside, the Parkwater Schoolhouse presents a rare opportunity to expand a residential income property in a truly one-of-a-kind setting.
-= Multiple Listing Service =-
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.