1. Washington
  2. Spokane
  3. 5634 E Commerce Ave
$700,000/mo

5634 E Commerce Ave, Spokane, WA 99207

  • 8,832 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon0.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $79/sqft
  • Property List Date Icon Listed 4 months ago

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 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.

Listing Status:
Active
Listing Office:
REAL Broker LLC : (509) 879-3779
Listing Agent:
Marianne Bornhoft : (509) 879-3779
MLS ID:
202515212
  • Appliances: RefrigeratorWasherDryer
  • Basement: FullUnfinished
  • Heating: Natural GasElectric

This listing courtesy of Marianne Bornhoft, REAL Broker LLC

Location

Schools Nearby

S

Seth Woodward Elementary School

7401 E Mission Ave, Spokane Valley, WA, 99212

Grades 1-5

1.01 miles away

C

Centennial Middle School

915 N Ella Rd, Spokane Valley, WA, 99212

Grades 6-8

1.42 miles away

W

West Valley High School

8301 E Buckeye Ave, Spokane, WA, 99212

Grades 9-12

1.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.