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    Spokane, WA Healthcare Properties for Sale

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    Commercial Building with Spa Buildout
    Updated: Apr 6
    Commercial Building with Spa Buildout

    1321 W Northwest Blvd, Spokane, WA 99205

    $350,000
    1,541 sqft 0.08 AC lot
    Commercial/business‑zoned building on Northwest Blvd with off‑street parking plus some parking behind the building.
    Two purchase options: buy the building for $350,000 or a turn‑key spa setup with 2 hair stations, a nail salon, and 3 upstairs spa rooms for +$7,500.
    Year built 1907 with wood siding/frame construction and a composition roof.
    Heating: natural gas forced air; cooling: central air.
    High‑speed internet available; public water and public sewer.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1321 W Northwest Blvd, Spokane, WA 99205

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Mortgage

      $41K
      Apr 2019

    • Property Type

      Office Building
      Built 1907
    View Property Analytics
    Multifamily Mixed-Use Property
    Updated: Mar 30
    Multifamily Mixed-Use Property

    604 S Ray St, Spokane, WA 99202

    $749,900
    3,014 sqft 0.15 AC lot
    Back unit: 6 bed, 2 bath layout with ability to accommodate up to 12 income‑producing beds (previously group home).
    Back unit previously operated as a group home generating around $700 per bed.
    Front unit: 2 bed, 1 bath with flexible setup for a manager or owner‑occupant, including a bedroom plus guest room/office.
    Side structure of around 198 SF, plumbed with plumbing and electrical for potential intake office or private workspace.
    High speed internet available; appliances include free‑standing range, dishwasher, refrigerator, washer, and dryer.
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    South Hill Adult Family Home
    South Hill Adult Family Home

    2214 E 36th Ave, Spokane, WA 99203

    $675,000
    13,386 sqft 0.31 AC lot

    Well-established, income-producing adult family home in a peaceful Spokane neighborhood.

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    Spokane Retirement Community Condo
    Spokane Retirement Community Condo

    221 E Rockwood Blvd, Spokane, WA 99202

    $150,000
    704 sqft

    704 SF condo with amenities and carefree retirement living.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    South Hill Adult Family Home
    South Hill Adult Family Home

    4414 S Helena St, Spokane, WA 99223

    $700,000
    16,063 sqft 0.37 AC lot

    Well-established, income-producing adult family home in a peaceful Spokane neighborhood.

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    Mixed-Use Multifamily Property
    Mixed-Use Multifamily Property

    604 S Ray St, Spokane, WA 99202

    $749,900
    0.15 AC lot

    Duplex-style property with a 6-bed back unit and a smaller front unit plus a plumbed side structure.

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    Stepping Stones Professional Office Building
    Stepping Stones Professional Office Building

    1515 Technology Blvd, Spokane, WA 99224

    $6,500,000

    Well-maintained medical office building with leaseback opportunity in Spokane, WA.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Spokane, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Specialty Facility with Commercial Kitchen
    Specialty Facility with Commercial Kitchen

    6701 N Idaho Rd, Newman Lake, WA 99025

    $2,200,000
    10,800 sqft 10.09 AC lot

    Quality-built 2005 specialty facility with flexible interior layout, built-in commercial kitchen, and functional assembly space.

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    Multi-Purpose Healthcare and Community Facility
    Multi-Purpose Healthcare and Community Facility

    Newman Lake, WA 99025

    $2,200,000
    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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    Specialized Medical Facility For Sale
    Specialized Medical Facility For Sale

    5511 E 3rd Ave, Spokane Valley, WA 99212

    $3,450,000
    11,970 sqft

    Commercial facility configured for medical and pharmaceutical operations.

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    Adult Care Home Opportunity
    Adult Care Home Opportunity

    Adult Care Home Spokane Rd, Spokane Valley, WA 99212

    $1,345,000
    4,173 sqft 0.36 AC lot

    Licensed adult care home with business included in Spokane Valley.

    View details

    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.

    Spokane Commercial Land For Sale
    Spokane Commercial Land For Sale

    10300 E Appleway Blvd, Spokane, WA 99206

    $1,700,000
    2.81 AC lot

    2.81 acres zoned Corridor/Mixed Use in Spokane, Washington.

    View details
    Medically Zoned Land Parcel
    Medically Zoned Land Parcel

    443 160th St, Seattle, WA 98166

    $895,000
    54,000 sqft 1.24 AC lot

    Two land parcels for sale near St. Anne Hospital.

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    Kelso Riverfront Development Opportunity
    Kelso Riverfront Development Opportunity

    2000 South River Road, Kelso, WA 98626

    $2,400,000
    5.60 AC lot

    5.6-acre riverfront development site in Kelso, Washington.

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    Commercial Land with Single-Family Home
    Commercial Land with Single-Family Home

    4434 W POWELL BLVD, Gresham, OR 97030

    $849,000
    0.86 AC lot

    A 0.86-acre site improved with a single-family home, zoned for moderate commercial uses in Gresham.

    View details

    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.

    601 5th Ave
    MEDICAL BUILDING

    601 5th Ave, Spokane, WA 99204-2705

    $3,225,000
    Estimated value
    18,850 sqft 0.64 AC lot
    View details
    6021 Lidgerwood St
    HOMES (RETIRED, NURSING)

    6021 Lidgerwood St, Spokane, WA 99208-1125

    $1,065,000
    Estimated value
    36,842 sqft 1.90 AC lot
    View details
    6821 Country Homes Blvd, Unit 205
    MEDICAL BUILDING

    6821 Country Homes Blvd, Spokane, WA 99208-4372

    Unit 205
    Value Estimation by Request
    1,883 sqft 0.16 AC lot
    View details
    628 Cowley St
    MEDICAL BUILDING

    628 Cowley St, Spokane, WA 99202-1377

    $3,105,000
    Estimated value
    11,600 sqft 0.53 AC lot
    View details
    100 Dalke Ave
    HOMES (RETIRED, NURSING)

    100 Dalke Ave, Spokane, WA 99208-1006

    $715,000
    Estimated value
    10,350 sqft 0.67 AC lot
    View details
    9915 Division St
    DENTAL BUILDING

    9915 Division St, Spokane, WA 99218-1303

    $800,000
    Estimated value
    4,724 sqft 0.53 AC lot
    View details
    5902 Division St
    MEDICAL BUILDING

    5902 Division St, Spokane, WA 99208

    $505,000
    Estimated value
    2,561 sqft 0.12 AC lot
    View details
    8404 Wall St
    DENTAL BUILDING

    8404 Wall St, Spokane, WA 99208-6171

    Value Estimation by Request
    1,767 sqft 0.36 AC lot
    View details
    3319 57th Ave
    HOMES (RETIRED, NURSING)

    3319 57th Ave, Spokane, WA 99223-7022

    Value Estimation by Request
    27,008 sqft 4.46 AC lot
    View details
    2801 31st Ave
    DENTAL BUILDING

    2801 31st Ave, Spokane, WA 99223-4710

    $1,870,000
    Estimated value
    3,864 sqft 0.47 AC lot
    View details
    6120 Mayfair St
    MEDICAL BUILDING

    6120 Mayfair St, Spokane, WA 99208-1033

    $795,000
    Estimated value
    3,973 sqft 0.09 AC lot
    View details
    12420 Ruby Rd
    HOMES (RETIRED, NURSING)

    12420 Ruby Rd, Spokane, WA 99218-1964

    Value Estimation by Request
    7,730 sqft 0.83 AC lot
    View details
    1616 30th Ave
    HOMES (RETIRED, NURSING)

    1616 30th Ave, Spokane, WA 99203-3973

    $1,430,000
    Estimated value
    34,376 sqft 3.95 AC lot
    View details
    9651 Nevada St
    MEDICAL BUILDING

    9651 Nevada St, Spokane, WA 99218-1132

    $3,000,000
    Estimated value
    10,721 sqft 1.26 AC lot
    View details
    9820 Nevada St
    DENTAL BUILDING

    9820 Nevada St, Spokane, WA 99218-1135

    Value Estimation by Request
    4,154 sqft 0.46 AC lot
    View details
    9103 Division St
    MEDICAL BUILDING

    9103 Division St, Spokane, WA 99218-1251

    $1,900,000
    Estimated value
    4,588 sqft 1.64 AC lot
    View details
    7310 Pne Rock St
    HOMES (RETIRED, NURSING)

    7310 Pne Rock St, Spokane, WA 99208-9085

    $1,075,000
    Estimated value
    33,673 sqft 2.89 AC lot
    View details

    Spokane, WA Healthcare Properties Market Trends and Statistics

    Explore 72 healthcare properties for sale in Spokane, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 34,708 square feet of properties for sale, with an estimated market value of $2,624,900.

    Sale prices for medical real estate in Spokane, WA start at $150,000, averaging $524,980, and reaching up to $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

    Assisted living facilities 5
    Senior Housing / Retirement Homes 4
    Rehabilitation centers 2
    Spa & wellness properties 2
    Medical centers 1

    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
    99205 $350K
    99202 $550K
    99203 $675K
    99223 $700K
    99204 $1.6M

    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)

    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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    Most Searched ZIP Codes in Spokane, WA

    • 99202
    • 99203
    • 99205
    • 99207
    • 99223
    • 99224

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