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5634 E Commerce Ave

Spokane, WA 99207
  • $750,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 202515212
$750,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,832
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:
Area:

School Ratings & Info

School District:

Description

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 schoolonce a brewery and later a beloved winerynow 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.

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© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-05-22T00:20:48.213.
www.amazinginlandnwhomes.com/homes/162714753
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5634 E Commerce Ave Spokane, WA 99207

  • Price: $750,000
  • Status: Active
  • On Site: 34 Days
  • ID#: 202515212
0
Beds
0
Baths
0
½ Baths
0.56
Acres
8,832
SQFT
$85
$/SQFT
1913
Built
Neighborhood:
A140/073
County:
Spokane
Area:
A140/073
School District:
West Valley
Property Description
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 schoolonce a brewery and later a beloved winerynow 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.
Exterior Features

Architectural Style Traditional Construction Materials Brick Lot Features Many TreesLevelCorner Lot Parking Features RV Access/ParkingOff SiteSee Remarks Parking Total 25 Road Frontage Type City StreetPaved Road Roof Flat

Interior Features

Appliances RefrigeratorWasherDryer Basement FullUnfinished Basement YN Yes Heating Natural GasElectric

Property Features

Association Amenities Laundry Building Area Total 8832 High Speed Internet Yes Listing Terms CashCommercial Property Sub Type Rental Structure Type Two Story Tax Annual Amount 5136 Water Sewer Expense 6564

Listing provided courtesy of REAL Broker LLC: .


© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-05-22T00:20:48.213.
 
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Coldwell Banker Schneidmiller Realty
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