Search
Downtown Mixed-Use Development Land
New
For Sale
$469,900

520 S Elm St, Spokane, WA 99220

Land, Spokane, WA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market1

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
Listed By: Alena Kanifolsky
Added: Aug 24 Last Checked: Aug 24 at 10:06PM
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 downtown Spokane assemblage combines three parcels totaling 13,336 square feet with an existing fiveplex and additional development land. The building contains approximately 6,500 square feet of living area and has fire-related damage: the third floor requires roof work, the middle floor is reduced to a bare shell, and the lower floor is generally livable with minor repairs. The foundation measures 93 inches in height and 8 inches in thickness.

DTG zoning supports a range of residential, office, retail, warehouse, and other mixed-use formats. Existing infrastructure includes overhead power, a 1-inch water line, and a 6-inch concrete sewer conduit stub. The improvements and utilities are described as supporting up to 12 units, with potential capacity for up to 24 units. The property is located at 520 S Elm St in Spokane, Washington.

Key Highlights

  • Three‑parcel assemblage totaling 13,336 sq ft
  • DTG zoning supports residential, office, retail, warehouse, and mixed‑use formats
  • Existing building contains approximately 6,500 square feet of living area

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center Storage Facility Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Three-parcel assemblage with DTG zoning, existing improvements, and utility infrastructure supporting residential and 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 $469,900.
What are key features of this property?
This property features: Three‑parcel assemblage totaling 13,336 sq ft; DTG zoning supports residential, office, retail, warehouse, and mixed‑use formats; Existing building contains approximately 6,500 square feet of living area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message