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Corner Lot Mixed-Use Property
For Sale
$675,000
Pending

5634 E Commerce Ave, Spokane, WA 99207

COMMERCIAL - Spokane, WA

Property Size8,832 SF
Days on Market484

Property Features for 5634 E Commerce Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning GC-70
Parking 25
Basement Walk-Out Access, Full, Unfinished
Lot features Treed, Corner Lot
Elementary school district West Valley
Standard status Pending
APN 35114.1701
Size 8,832 SF

Utilities

Heating system Natural Gas

Building Details

Year built 1913
Floors in Building 2
Building materials Brick
Roof type Flat
Listing Agency: REAL Broker LLC
Listed By: Marianne Bornhoft · License #34021
Added: Apr 16, 2025 Changed: Aug 4 Last Checked: Aug 12 at 10:06AM
MLS# 202515145

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

A corner lot mixed-use building with brick construction dating to 1913, featuring a total of 8,832 sq ft under a flat roof. The property is heated with natural gas and includes a mix of residential and commercial space: 4 residential apartments, 2 professional offices, a lash salon, and 2 spacious commercial studios, one of which is currently operating as a martial arts dojo.

The building sits on over half an acre and provides 25 parking spaces. A full, unfinished basement includes a conveyor belt and a loading dock, offering a practical foundation for future improvement or expansion.

Zoning is GC-70, supporting a flexible mixed-use setup aligned with the existing tenant mix across apartments, offices, and studio/retail-style spaces.

Key Highlights

  • Zoned GC‑70 mixed‑use property in Spokane
  • Brick 1913 building with natural gas heating and flat roof
  • 8,832 sq ft building with 25 parking spaces

Property Analytics

Current Use

The Parkwater Schoolhouse Hotel & Motel

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 99207, WA

32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Zoned GC-70 mixed-use building with residential apartments, professional offices, and multiple commercial studio spaces on a corner lot.
Where is this mixed-use property located?
The property is located at 5634 E Commerce Ave Spokane, WA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Zoned GC‑70 mixed‑use property in Spokane; Brick 1913 building with natural gas heating and flat roof; 8,832 sq ft building with 25 parking spaces
More about this property
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