Commercial Land with Existing
For Sale
$249,900
520 S Elm St, Spokane, WA 99201
DTG-zoned assemblage includes existing improvements and utility infrastructure supporting mixed-use redevelopment.
Property Size13,336 SF
Price / SF$18.74
Days on Market51
Property Features for 520 S Elm St
General Information
Standard status
Active
Size
13,336 SF
Property subtype
Land
Listing Agency:
Home Sales Spokane
Listed By:
Prime Real Estate Group
(509) 868-0709
Source:
Propertybyprime
Added: Aug 26
Changed: Oct 15
Last Checked: Oct 14 at 11:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Sales Spokane
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Investment Insights
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This three-parcel commercial land assemblage encompasses 13,336 square feet and includes an existing fiveplex with approximately 6,500 square feet of living area. The building was affected by fire: the third floor has moderate damage concentrated primarily at the roof, the middle floor is gutted to the bare shell, and the bottom floor remains livable with minor repairs needed.
Zoned DTG, the property allows residential, office, retail, warehouse, and other mixed-use applications. Existing infrastructure includes overhead power, a 1-inch water line, and a 6-inch concrete sewer conduit stub. The infrastructure is identified as supporting up to 12 units, with potential capacity for up to 24 units. The fiveplex sits on a Modern Engineering Foundation measuring 93 inches tall by 8 inches thick.
Zoned DTG, the property allows residential, office, retail, warehouse, and other mixed-use applications. Existing infrastructure includes overhead power, a 1-inch water line, and a 6-inch concrete sewer conduit stub. The infrastructure is identified as supporting up to 12 units, with potential capacity for up to 24 units. The fiveplex sits on a Modern Engineering Foundation measuring 93 inches tall by 8 inches thick.
Key Highlights
- Three‑parcel assemblage totaling 13,336 square feet
- Existing fiveplex with approximately 6,500 square feet of living area
- DTG zoning allows residential, office, retail, warehouse, and mixed‑use applications
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
Explore this area
Business Placement
Demographics for 99201, WA
15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Commercial land - DTG-zoned assemblage includes existing improvements and utility infrastructure supporting mixed-use redevelopment.
Where is this commercial land located?
The property is located at 520 S Elm St Spokane, WA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three‑parcel assemblage totaling 13,336 square feet; Existing fiveplex with approximately 6,500 square feet of living area; DTG zoning allows residential, office, retail, warehouse, and mixed‑use applications
