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    2225 S Inland Empire Way Spokane, WA 99224

    For Sale
    $1,825,000

    COMMERCIAL - Spokane, WA

    Property size:
    6,956 SF
    Lot size:
    1.00 Acre
    Days on Market:
    67
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 2225 S Inland Empire Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    25254.0703
    Parking
    40
    Basement
    Unfinished, Partial
    Accessibility
    Accessible Approach with Ramp
    Size
    6,956 SF
    Lot size
    1.00 Acre

    Building Details

    Year built
    1918
    Floors in Building
    1
    Building materials
    Stucco
    Roof type
    Composition

    Windermere Real Estate / Manito LLC (509) 747-1051 [email protected]

    Listing agent Marcy J Mongan (509) 294-3715

    Listing date Oct 9, 2025

    Copyright © 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Lowell School in Spokane

    The iconic Lowell School, a historic landmark in Latah Valley, is listed in the Spokane Register of Historic Places. The building, with a size of 6956 square feet and situated on a 1-acre lot, is roughed in and ready for business ideas. Original details include arched multi-paned interior vestibule windows and built-in storage cupboards. Thick plaster walls feature rounded molded-plaster corners and beveled molded-plaster window sills. Improvements include a newer roof, roughed-in plumbing, electrical work, and a dry sprinkler system. This property offers possibilities to make a mark on Spokane's landscape.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.440276
    Latitude
    47.633989

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    FAQs

    What type of property is this?
    School - Iconic schoolhouse with original details, ready for business ideas.
    Where is this school located?
    The property is located at 2225 S Inland Empire Way Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - Historic landmark: Listed in the Spokane Register of Historic Places.; - Business opportunity: Roughed in and ready for your business ideas.; - Original architectural details: Features arched multi-paned windows, built-in storage, plaster walls with rounded corners and beveled window sills.
    (509) 294-3715
    Request Owner's contact information
    2225 S Inland Empire Way Spokane, WA 99224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2225 S Inland Empire Way Spokane, WA 99224
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