photo 1: 5634 E Commerce Ave, Spokane WA 99207

Courtesy of REAL Broker LLC +1 (360) 810-56

Active

5634 E Commerce Ave, Spokane WA 99207

$750,000

Price

-

Beds

-

Baths

8,832

Sq. Ft.

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 Type

Multifamily

Property Type

Rental

Built Year

1913

Levels

2

Price/Sqft

--

Lot Size Acre

0.56

Status

Active

Days on Realoq

23

Living Area

8,832 Sq. Ft.

Lot Size Sqft

24,393 Sq. Ft.

Location

Garage Spaces
  • 0
Parking Features
  • RV Access\/Parking, Off Site, See Remarks
Roof
  • Flat
Architecture
  • Traditional
Materials
  • Brick
Lot Information
  • Many Trees, Level, Corner Lot
Parcel Number
  • 35114.1701
Agent

Marianne Bornhoft

Brokerage

REAL Broker LLC

Source AOR

Spokane

Listing ID #

SAR202515212

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