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    5634 E Commerce Ave Spokane, WA 99207

    Pending
    For Sale
    $675,000

    COMMERCIAL - Spokane, WA

    Property size:
    8,832 SF
    Days on Market:
    17
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 5634 E Commerce Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    GC-70
    APN
    35114.1701
    Parking
    25
    Basement
    Full, Unfinished, Walk-Out Access
    Size
    8,832 SF

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1913
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Flat

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Marianne Bornhoft (509) 879-3779

    Listing date Nov 27, 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

    Spokane Mixed-Use Commercial Landmark

    This classic 1913 brick landmark in Spokane is a two-story former schoolhouse. The building, once a brewery and later a winery, has been reimagined as a mixed-use commercial property. Zoned GC-70, the property includes four residential apartments, two professional offices, a lash salon, and two commercial studios, one currently operating as a martial arts dojo. Situated on a corner lot, the 8,832-square-foot building is located on over half an acre and provides 25 parking spaces. The full, unfinished basement features a conveyor belt and loading dock, offering potential for further development. The property offers flexible income opportunities and a chance to own a piece of Spokane's past.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Parkwater Schoolhouse Event Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Nail Salon Clothing Store Pharmacy Gym & Fitness Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.325864
    Latitude
    47.676887

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    FAQs

    What type of property is this?
    Mixed-use property - Historic mixed-use property with income potential in Spokane, Washington.
    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: - Unique mixed-use commercial property with diverse income streams.; - Large 8,832 sq ft building on over half an acre with **25 parking spaces**, located on a corner lot.; - Zoned GC-70, offering flexible commercial usage and development potential.
    (509) 879-3779
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    5634 E Commerce Ave Spokane, WA 99207
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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

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    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
    5634 E Commerce Ave Spokane, WA 99207
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