Spokane Landmark Apartment
5634 E Commerce Ave, Spokane, WA 99207
- Added:
- Apr 17, 2025
- Days on Market:
- 401
- Last Refresh:
- May 22 at 12:06 pm
Property Features for 5634 E Commerce Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GC-70
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Basement
- Parking
- 25
- Parking features
- Offsite, RV
- Basement
- Unfinished, Full
- Appliances
- Refrigerator, Washer, Dryer
- Standard status
- Pending
- APN
- 35114.1701
- Size
- 8,832 SF
- Lot size
- 0.56 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5136
Utilities
- Heating system
- Natural Gas, Electric (Heating)
Building Details
- Year built
- 1913
- Floors in Building
- 2
- Number of units
- 9
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Marianne Bornhoft License #34021 (855) 450-0442
Listing office REAL Broker LLC 1400 112th Ave SE, Ste 100, Bellevue, WA (360) 810-5696
Listing date Apr 17, 2025
MLS# 202515212
Listing URL
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.
HighLights
- Significant income potential with opportunity to add up to four additional apartments.
- Large 8,832 sq ft building on over half an acre with 25 parking spaces.
- Unique historic building (1913 Parkwater Schoolhouse) with distinctive character.
- Zoned GC‑70, allowing for a variety of commercial and residential uses.
- Four renovated residential apartments already in place, providing immediate income.
- Full unfinished basement with conveyor belt and loading dock offers potential for storage or development.
Overview
The Parkwater Schoolhouse, a classic 1913 brick landmark in Spokane, has been reimagined as an apartment building. This two-story former schoolhouse, which once served as a brewery and later a winery, now features four renovated residential apartments and a shared laundry room for tenants. Zoned GC-70, the 8,832 sq ft building is situated on a prominent corner lot of over half an acre and includes 25 parking spaces. The property offers potential for expansion, with two large main-floor spaces that could be converted into up to four additional apartments. The full unfinished basement includes a conveyor belt and loading dock, offering further potential for storage, creative reuse, or development. This property presents an opportunity to expand a residential income property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Parkwater Schoolhouse
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.325864
- Latitude
- 47.676887
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Unique apartment building with expansion potential in Spokane, Washington.
Where is this apartment building 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: Significant income potential with opportunity to add up to four additional apartments.; Large 8,832 sq ft building on over half an acre with 25 parking spaces.; Unique historic building (1913 Parkwater Schoolhouse) with distinctive character.
