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    Medical Lake, WA Commercial Real Estate for Sale

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    Cheney, WA Spokane, WA Airway Heights, WA
    27 listings
    Versatile Commercial Building in Medical Lake
    $285,000
    1,924 SF
    Versatile Commercial Building in Medical Lake

    118 E LAKE St, Medical Lake, WA 99022

    Adaptable commercial building suitable for retail, office, or restaurant use.
    • Prime location in the heart of Medical Lake, close to FAFB, Amazon, I90, and Eastern State Hospital.
    • Versatile commercial building suitable for retail, office, restaurant/bar, salon, and other businesses.
    • Fully equipped salon with eight hair stations, three backwash stations, three pedicure chairs, four nail stations, and a facial room.
    • Plenty of off‑street parking.
    • Durable brick construction.
    Updated: Apr 27
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    Acreage Parcel Off Paved Road
    $209,999
    10.00 Acres
    Acreage Parcel Off Paved Road

    N Dover Rd, Medical Lake, WA 99022

    Ten-acre homesite with power at the property line, fully surveyed and staked, offering room for a custom build and animals.
    • +/-10‑acre parcel with wide‑open space, mature trees, and views with sunshine throughout the day
    • Fully surveyed and staked; see survey map for details
    • Power available at the property line
    • Just off a paved county road with quick access to Fairchild Air Force Base, Spokane International Airport, I‑90, and downtown Spokane
    • Owner financing available with only 20% down; option to add $25,000 for a well, seller installs one (total $235k price noted)
    Updated: Jun 4
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    Rolling Agricultural Land Tract
    $149,999
    10.00 Acres
    Rolling Agricultural Land Tract

    Rural 10-acre tract on a paved blacktop road with inland power at the property line progressing, plus owner financing.

    W Deno Rd, Medical Lake, WA 99022

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    Rural Agricultural Land Parcel
    $145,000
    10.00 Acres
    Rural Agricultural Land Parcel

    Rural acreage on a paved road with owner financing available and inland power at the property line underway.

    N Rambo Rd, Medical Lake, WA 99022

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    Rolling Agricultural Land
    $145,000
    10.00 Acres
    Rolling Agricultural Land

    For sale rural land with easy owner financing and paved-road access, with power at the property line in progress.

    N Rambo Rd, Medical Lake, WA 99022

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    Scenic Waterfront Land Opportunity
    $1,350,000
    11.28 Acres
    Scenic Waterfront Land Opportunity

    11.28 acres of waterfront land with development potential.

    9212 S Silver Lake Rd, Medical Lake, WA 99022

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    Agricultural Land with Rolling Views
    $145,000
    10.00 Acres
    Agricultural Land with Rolling Views

    Paved-road rural acreage with inland power at the line in progress and rolling agricultural views for flexible owner use.

    W Deno Rd, Medical Lake, WA 99022

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    Medical Lake Land For Sale
    $135,000
    10.00 Acres
    Medical Lake Land For Sale

    10 acres near Fairchild AFB with owner financing available.

    N Rambo Rd, Medical Lake, WA 99022

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    10 Acres Near Fairchild AFB
    $135,000
    10.00 Acres
    10 Acres Near Fairchild AFB

    10 acres near Fairchild AFB with owner financing.

    N Rambo Rd, Medical Lake, WA 99022

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    Medical Lake Land For Sale
    $120,000
    4.68 Acres
    Medical Lake Land For Sale

    4.68 acre lot near Hwy 2, Medical Lake, WA.

    12XX S Fairview Heights Rd, Medical Lake, WA 99022

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    20 Acres Near Fairchild AFB
    $250,000
    20.00 Acres
    20 Acres Near Fairchild AFB

    20 acres near Fairchild AFB with owner financing available.

    N Rambo Rd, Medical Lake, WA 99022

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    20 Acres Near Fairchild AFB
    $250,000
    20.00 Acres
    20 Acres Near Fairchild AFB

    20 acres near Fairchild AFB, owner financing available.

    N Rambo Rd, Medical Lake, WA 99022

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    53.38 Acres Near Fairchild AFB
    $310,000
    53.38 Acres
    53.38 Acres Near Fairchild AFB

    Large acreage near Fairchild AFB with owner financing available.

    1111 S Dover Rd, Medical Lake, WA 99022

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    11 Acre Corner Lot
    $199,000
    11.00 Acres
    11 Acre Corner Lot

    Corner lot with well, power, sheds, and pasture land.

    21720 W Washington Rd, Medical Lake, WA 99022

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    Highway Frontage Farmland Opportunity
    $245,000
    45.30 Acres
    Highway Frontage Farmland Opportunity

    45.3 acres with highway frontage near Fairchild Air Force Base.

    16900 W Hwy 2, Medical Lake, WA 99022

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    Highway Frontage Land Near FAFB
    $170,000
    20.49 Acres
    Highway Frontage Land Near FAFB

    20.49 acres with highway frontage near Fairchild Air Force Base.

    16600 W Hwy 2, Medical Lake, WA 99022

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    Campground Land Parcel
    $40,000
    0.34 Acres
    Campground Land Parcel

    Recreational land near Clear Lake, positioned across from a resort and suited for camp-site use.

    Near 12523 S Clear Lake Rd, Medical Lake, WA 99022

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    Medical Lake Acreage with Pond
    $290,000
    24.19 Acres
    Medical Lake Acreage with Pond

    24.19 acres ideal for custom home or recreation.

    NKA S Stangland Rd, Medical Lake, WA 99022

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    Highway 2 Frontage Land
    $399,000
    65.79 Acres
    Highway 2 Frontage Land

    65.79 acres in two parcels near Fairchild Air Force Base.

    16700 W SR 2 Hwy, Medical Lake, WA 99022

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    Square Farmland Parcel with Utilities
    $190,000
    10.80 Acres
    Square Farmland Parcel with Utilities

    Surveyed farmland parcel with underground utilities at the property line and private access for a homestead or hobby farm.

    NKA Lambridge Ln Lot 3, Medical Lake, WA 99022

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    Vacant Land in Spokane Growth
    $2,400,000
    Vacant Land in Spokane Growth

    55+ acres of vacant land in West Plains growth area.

    14113.9039, 14113.9040, Medical Lake, WA 99022

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    Three Historic Downtown Properties Portfolio
    $1,300,000
    21,677 SF
    Three Historic Downtown Properties Portfolio

    Three properties with adaptive zoning and redevelopment opportunities in Medical Lake.

    124 S Jefferson St, 1212 & 1216 W Railroad Ave, Medical Lake, WA

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    160 Acres Vacant Farmland
    $975,000
    6,838,920 SF
    160 Acres Vacant Farmland

    160 acres of vacant farmland ready for development.

    26210 West Hallett Road, Medical Lake, WA 99022

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    Medical Lake Building Site
    $100,000
    Medical Lake Building Site

    0.83 acre building site in Medical Lake, Washington.

    Medical Lake, WA 99022

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    Medical Lake, WA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Medical Lake, WA, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 6,862,576 square feet of properties for sale, with an estimated market value of $4,960,000.

    Sale prices for business properties in Medical Lake, WA start at $285,000, averaging $1,240,000, and reaching up to $2,400,000 — 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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    Demographics Overview

    Population 9,398
    Population Growth (5Y) +10.7%
    Median Household Income $90,814
    College Educated 38.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Airway Heights $159.9K
    Medical Lake $502.8K

    Taxes & Financing

    Tax Rate (average for all types) 0.55%
    Property Tax per SF $10.31 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Medical Lake fall within the 10,000 to 25,000 square foot range.

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