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Brick Mixed-Use Building
For Sale
$675,000
Pending

5634 E Commerce Ave, Spokane, WA 99207

Commercial Sale, Spokane, WA

Property Size8,832 SF
Days on Market538

Property Features for 5634 E Commerce Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning GC-70
Parking 25
Basement Full, Walk-Out Access, 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

Amenities

conveyor belt
loading dock

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: Sep 16 Last Checked: Oct 5 at 4:06PM
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.

Built in 1913, this 8,832-square-foot brick building contains a varied mix of residential and commercial space. The two-story layout includes 4 apartments, 2 professional offices, a lash salon, and 2 commercial studios, including one used as a martial arts dojo. A full unfinished basement adds a conveyor belt and loading dock, while the property also includes a flat roof and natural-gas heating.

The building occupies a corner lot on over half an acre and provides 25 parking spaces. GC-70 zoning supports the property’s mixed-use configuration. The combination of residential units, office suites, salon space, studios, and basement loading infrastructure creates a distinctly diverse commercial layout.

Key Highlights

  • 8,832‑square‑foot brick building constructed in 1913
  • Mixed‑use layout with 4 residential apartments and 2 professional offices
  • Includes a lash salon and 2 commercial studios

Property Analytics

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Current Use

The Parkwater Schoolhouse Hotel & Motel

Suggested Use

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

269
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-story property combines apartments, offices, a salon, and commercial studios in one flexible configuration.
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: 8,832‑square‑foot brick building constructed in 1913; Mixed‑use layout with 4 residential apartments and 2 professional offices; Includes a lash salon and 2 commercial studios
More about this property
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