Downtown Commercial Land
For Sale
$249,900
520 S Elm St, Spokane, WA 99201
Land, Spokane, WA
Property Size6,500 SF
Lot Size0.05 Acres
Price / SF$38.45
Days on Market49
Property Features for 520 S Elm St
General Information
Property type
Land
Property subtype
Other
Zoning
DTG
Lot features
Fenced Yard, Open Lot
View
City
Elementary school
Roosevelt
Middle school
Sacajawea
High school
Lewis & Clark
Elementary school district
Spokane Valley
Directions
Use GPS
Standard status
Active
APN
25241.4715
Lot size
0.05 Acres
Utilities
Utilities
Water Available
Listing Agency:
Kelly Right Real Estate of Spokane
(509) 489-7000
Listed By:
Alena Kanifolsky
(509) 280-7680
Added: Aug 24
Changed: Sep 22
Last Checked: Oct 11 at 7:06PM
MLS# 202623080
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.
This three-parcel commercial land assemblage covers 13,336 square feet and includes existing improvements totaling approximately 6,500 square feet of living area. The structure has fire-related damage: the third floor sustained moderate damage primarily involving the roof, the middle floor is gutted to the shell, and the bottom floor requires minor repairs while remaining livable. The property is zoned DTG, with permitted use categories that include 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 described 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.
Existing infrastructure includes overhead power, a 1 inch water line, and a 6 inch concrete sewer conduit stub. The infrastructure is described 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 sq ft
- DTG zoning permits residential, office, retail, warehouse, and mixed‑use applications
- Existing improvements total approximately 6,500 square feet of living area
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Utilities to site
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
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Frequently Asked Questions
What type of property is this?
Commercial land - DTG zoning permits residential, office, retail, warehouse, and other mixed-use uses.
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 sq ft; DTG zoning permits residential, office, retail, warehouse, and mixed‑use applications; Existing improvements total approximately 6,500 square feet of living area
