Spokane, WA Assisted Living Facilities for Sale

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Updated: Mar 30

Duplex with Six-Bed Back Unit

604 S Ray St, Spokane, WA 99202

$749,900

3,014 sqft 0.15 AC lot

Back unit is a six‑bedroom, two‑bath layout with ability to accommodate up to 12 income‑producing beds
Front unit offers two bedrooms and one bath with flexible guest room or office option
Side structure is around 198 sq ft and is plumbed with plumbing and electrical
3,014 sq ft duplex on a 0.15‑acre lot
Built in 1946 with fiber cement construction and a composition roof

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This listing looks promising.

Here's a quick look at some key insights for

604 S Ray St, Spokane, WA 99202

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Est. Cap Rate

4.6%
NOI ÷ price
Est. NOI

$34K
Annual
Price @ 7% Cap

$493K
Suggested
Property Type

Duplex
Built 1946

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Updated: Mar 30

Duplex with Six-Bed Back Unit

604 S Ray St, Spokane, WA 99202

$749,900

0.15 AC lot

0.15‑acre lot at 604 S Ray St, Spokane, WA 99202
Back unit: 6 bed, 2 bath with manager’s quarters and office loft
Back unit described as able to accommodate up to 12 income‑producing beds
Front unit: 2 bed, 1 bath with flexible guest room or office
Attached side structure of approx. 198 SF, plumbed with plumbing and electrical

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Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 2 Active listings in Spokane, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Assisted Living Facility with Built-In Kitchen

6701 N Idaho Rd, Newman Lake, WA 99025

$2,200,000

10,800 sqft 10.09 AC lot

2005-built specialty facility offers a flexible layout with a built-in commercial kitchen, central assembly space, and ample parking.

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Multi-Purpose Healthcare and Community Facility

Newman Lake, WA 99025

Contact for pricing

10,800 sqft 10.09 AC lot

Multi-purpose 10,800 SF facility with a commercial kitchen and ample parking, suited for assisted living or community uses.

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Assisted Living Business and Two Homes

3000 St Thomas Drive, Missoula, MT 59803

$3,199,000

Licensed assisted living across two residential homes in Missoula’s South Hills, with options for business-only or combined ownership.

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Assisted Living Facility Home

4322 West Central Avenue, Missoula, MT 59804

Contact for pricing

Assisted living facility with 8 bedrooms and 8 bathrooms, including ADA-accessible features and two-level living layout.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Growing Corridor

830 N 200 W, Logan, UT 84321

$500,000

Commercial property with growth potential in downtown Logan.

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Vacant Residential Development Land

Sesnon Boulevard, Los Angeles, CA 91344

$9,000,000

5.03 AC lot

5.03-acre vacant lot listed for sale, currently in project approval for an assisted living facility development.

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San Jacinto Development Parcel Opportunity

420 N Ramona Blvd, San Jacinto, CA 92583

Contact for pricing

1.33 AC lot

1.33-acre development parcel with CUP in process.

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Murrieta Land with Development Potential

Twin Willow, Murrieta, CA 92563

$1,250,000

4.81 AC lot

4.81 acre lot rezoned for single and multi-family development.

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Off-Market Properties in Spokane, WA

Consider similar Off-Market properties in Spokane, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOMES (RETIRED, NURSING)

6021 Lidgerwood St, Spokane, WA 99208-1125

$1,065,000

Estimated value

36,842 sqft 1.90 AC lot

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HOMES (RETIRED, NURSING)

100 Dalke Ave, Spokane, WA 99208-1006

$715,000

Estimated value

10,350 sqft 0.67 AC lot

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HOMES (RETIRED, NURSING)

3319 57th Ave, Spokane, WA 99223-7022

Value Estimation by Request

27,008 sqft 4.46 AC lot

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HOMES (RETIRED, NURSING)

12420 Ruby Rd, Spokane, WA 99218-1964

Value Estimation by Request

7,730 sqft 0.83 AC lot

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HOMES (RETIRED, NURSING)

1616 30th Ave, Spokane, WA 99203-3973

$1,430,000

Estimated value

34,376 sqft 3.95 AC lot

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HOMES (RETIRED, NURSING)

7310 Pne Rock St, Spokane, WA 99208-9085

$1,075,000

Estimated value

33,673 sqft 2.89 AC lot

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HOMES (RETIRED, NURSING)

6025 Assembly St, Spokane, WA 99205-7674

$1,330,000

Estimated value

49,321 sqft 5.11 AC lot

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HOMES (RETIRED, NURSING)

1717 Rowan Ave, Spokane, WA 99207

$2,850,000

Estimated value

26,008 sqft 1.75 AC lot

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HOMES (RETIRED, NURSING)

6930 Nevada St, Spokane, WA 99208-5230

Value Estimation by Request

4,757 sqft 2.27 AC lot

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HOMES (RETIRED, NURSING)

707 5th Ave, Spokane, WA 99204-2739

$910,000

Estimated value

10,743 sqft 1.06 AC lot

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HOMES (RETIRED, NURSING)

1620 Mead St, Spokane, WA 99218-1772

Value Estimation by Request

9,266 sqft 2.15 AC lot

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HOMES (RETIRED, NURSING)

9111 Upriver Dr, Spokane, WA 99206-4430

$705,000

Estimated value

9,652 sqft 6.77 AC lot

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HOMES (RETIRED, NURSING)

302 Wedgewood Ave, Spokane, WA 99208-5393

$1,585,000

Estimated value

61,896 sqft 2.58 AC lot

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HOMES (RETIRED, NURSING)

7411 Nevada St, Spokane, WA 99208-5518

$2,375,000

Estimated value

68,053 sqft 5.16 AC lot

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HOMES (RETIRED, NURSING)

313 Lyons Ave, Spokane, WA 99208

$905,000

Estimated value

15,210 sqft 0.96 AC lot

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HOMES (RETIRED, NURSING)

7007 Wiscomb St, Spokane, WA 99208-5479

$2,245,000

Estimated value

123,142 sqft 2.22 AC lot

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HOMES (RETIRED, NURSING)

1110 Westview Ct, Spokane, WA 99218-1326

$1,095,000

Estimated value

19,344 sqft 5.31 AC lot

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HOMES (RETIRED, NURSING)

1224 Westview Ct, Spokane, WA 99218-3813

$2,350,000

Estimated value

56,456 sqft 4.28 AC lot

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HOMES (RETIRED, NURSING)

7015 Wiscomb St, Spokane, WA 99208-6482

$1,285,000

Estimated value

45,836 sqft 1.89 AC lot

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HOMES (RETIRED, NURSING)

5329 Rifle Clb Ct, Spokane, WA 99208-9065

$1,125,000

Estimated value

32,289 sqft 3.41 AC lot

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HOMES (RETIRED, NURSING)

43 Weile Ave, Spokane, WA 99208-7029

$1,575,000

Estimated value

31,036 sqft 4.98 AC lot

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HOMES (RETIRED, NURSING)

12322 Ruby Rd, Spokane, WA 99218-3606

Value Estimation by Request

7,310 sqft 0.65 AC lot

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Spokane, WA Assisted Living Facilities Market Trends and Statistics

Explore 37 assisted living facilities for sale in Spokane, WA on our real estate platform. These investment opportunities span a total of 3,014 square feet of properties for sale, with an estimated market value of $1,499,800.

Sale prices for assisted living facilities in Spokane, WA average $749,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 390K

Population Growth (5Y) +8.1%

Median Household Income $73,015

College Educated 35.9%

High-Yield Neighborhoods for Investment

Identify Spokane submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
99203	$675K
99223	$700K
99202	$749.9K

Taxes & Financing

Tax Rate (average for all types) 0.86%

Property Tax per SF $10.24 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Spokane County

Office

Property Size Breakdown

The majority of commercial real estate listings in Spokane fall within the 25,000 to 50,000 square foot range.

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Spokane, WA Assisted Living Facilities for Sale

604 S Ray St, Spokane, WA 99202

604 S Ray St, Spokane, WA 99202

Opportunities in Nearby Cities

6701 N Idaho Rd, Newman Lake, WA 99025

Newman Lake, WA 99025

3000 St Thomas Drive, Missoula, MT 59803

4322 West Central Avenue, Missoula, MT 59804

Potential Development Sites for Consideration

830 N 200 W, Logan, UT 84321

Sesnon Boulevard, Los Angeles, CA 91344

420 N Ramona Blvd, San Jacinto, CA 92583

Twin Willow, Murrieta, CA 92563

Off-Market Properties in Spokane, WA

6021 Lidgerwood St, Spokane, WA 99208-1125

100 Dalke Ave, Spokane, WA 99208-1006

3319 57th Ave, Spokane, WA 99223-7022

12420 Ruby Rd, Spokane, WA 99218-1964

1616 30th Ave, Spokane, WA 99203-3973

7310 Pne Rock St, Spokane, WA 99208-9085

6025 Assembly St, Spokane, WA 99205-7674

1717 Rowan Ave, Spokane, WA 99207

6930 Nevada St, Spokane, WA 99208-5230

707 5th Ave, Spokane, WA 99204-2739

1620 Mead St, Spokane, WA 99218-1772

9111 Upriver Dr, Spokane, WA 99206-4430

302 Wedgewood Ave, Spokane, WA 99208-5393

7411 Nevada St, Spokane, WA 99208-5518

313 Lyons Ave, Spokane, WA 99208

7007 Wiscomb St, Spokane, WA 99208-5479

1110 Westview Ct, Spokane, WA 99218-1326

1224 Westview Ct, Spokane, WA 99218-3813

7015 Wiscomb St, Spokane, WA 99208-6482

5329 Rifle Clb Ct, Spokane, WA 99208-9065

43 Weile Ave, Spokane, WA 99208-7029

12322 Ruby Rd, Spokane, WA 99218-3606

Spokane, WA Assisted Living Facilities Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Property Size Breakdown

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