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    Spokane, WA
    Parking & Garage

    Spokane, WA Parking Lots & Garages for Sale

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    Airway Heights, WA Spokane Valley, WA Liberty Lake, WA Millwood, WA Cheney, WA Mead, WA Nine Mile Falls, WA Fairwood, WA
    Spokane University District Investment Opportunity
    Updated: Nov 21, 2025
    Spokane University District Investment Opportunity

    115 E Pacific Ave & 112 E 1st Ave, Spokane, WA 99202

    $6,350,000
    42,098 sqft
    Entire city block in Spokane's fast‑growing University District.
    NNN leased investment property with combined monthly income of $29,659.51.
    Potential 2‑acre redevelopment site with flexible GC‑150 Zoning and waived parking requirement.
    Excellent location in an opportunity zone near Downtown Spokane and the University District.
    Two buildings totaling 42,098 SF (26,612 SF and 15,486 SF).
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    This listing looks promising.

    Here's a quick look at some key insights for

    115 E Pacific Ave & 112 E 1st Ave, Spokane, WA 99202

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $437K
      Annual

    • Price @ 7% Cap

      $6.24M
      Suggested

    • Last Sold

      Sep 2025
      $724K
    View Property Analytics
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Spokane, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Lot Ready for Development
    Commercial Lot Ready for Development

    2800 35th Avenue, Everett, WA 98201

    $999,999

    Vacant commercial lot with plans and permits for parking/storage.

    View details
    Airport Parking Garage Unit
    Airport Parking Garage Unit

    4503 Corporate Way, Missoula, MT 59808

    $34,000

    Individually owned garage unit with electrical service, metal construction, and scheduled shuttle access to the airport terminal.

    View details
    Airport Parking Garage Units
    Airport Parking Garage Units

    4505 Corporate Way Unit #Tbb, Missoula, MT 59808

    Contact for pricing

    To be built 12-by-24 parking garages with 7-by-10 doors and electricity on a long-term airport land lease.

    View details
    Highway 99 Commercial Property
    Highway 99 Commercial Property

    11400 Hwy 99, Everett, WA 98204

    Contact for pricing
    143,364 sqft 3.30 AC lot

    Commercial property with strong traffic and proximity to Paine Field.

    View details

    Off-Market Properties in Spokane, WA

    Consider similar Off-Market properties in Spokane, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    601 5th Ave
    PARKING GARAGE, PARKING STRUCTURE

    601 5th Ave, Spokane, WA 99204-2705

    $5,765,000
    Estimated value
    18,600 sqft 0.58 AC lot
    View details
    5202 Florida St
    PARKING GARAGE, PARKING STRUCTURE

    5202 Florida St, Spokane, WA 99217-6710

    Value Estimation by Request
    2,000 sqft 2.01 AC lot
    View details
    1551 Deer Hts Rdc-109
    PARKING GARAGE, PARKING STRUCTURE

    1551 Deer Hts Rdc-109, Spokane, WA 99224-6208

    $290,000
    Estimated value
    1,200 sqft 0.03 AC lot
    View details
    217 Napa St
    PARKING GARAGE, PARKING STRUCTURE

    217 Napa St, Spokane, WA 99202-3034

    $520,000
    Estimated value
    3,072 sqft 0.27 AC lot
    View details
    319 3rd Ave
    PARKING GARAGE, PARKING STRUCTURE

    319 3rd Ave, Spokane, WA 99201-4313

    $640,000
    Estimated value
    7,100 sqft 0.16 AC lot
    View details
    1521 Sprague Ave
    PARKING GARAGE, PARKING STRUCTURE

    1521 Sprague Ave, Spokane, WA 99202-3112

    $325,000
    Estimated value
    1,056 sqft 0.28 AC lot
    View details
    301 Riverside Ave
    PARKING LOT

    301 Riverside Ave, Spokane, WA 99201

    $365,000
    Estimated value
    0.11 AC lot
    View details
    717 Cook St
    PARKING GARAGE, PARKING STRUCTURE

    717 Cook St, Spokane, WA 99202

    $425,000
    Estimated value
    576 sqft 0.33 AC lot
    View details
    1219 Riverside Ave
    PARKING GARAGE, PARKING STRUCTURE

    1219 Riverside Ave, Spokane, WA 99201-1107

    $2,125,000
    Estimated value
    700 sqft 0.10 AC lot
    View details
    Spokane, WA 99201
    PARKING GARAGE, PARKING STRUCTURE

    Spokane, WA 99201

    $26,250,000
    Estimated value
    110,228 sqft 2.71 AC lot
    View details
    1551 Deer Hts Rdb-102
    PARKING GARAGE, PARKING STRUCTURE

    1551 Deer Hts Rdb-102, Spokane, WA 99224-6208

    $290,000
    Estimated value
    1,440 sqft 0.03 AC lot
    View details
    1204 Riverside Ave
    PARKING LOT

    1204 Riverside Ave, Spokane, WA 99201

    $490,000
    Estimated value
    10,833 sqft 0.68 AC lot
    View details
    1551 Deer Hts Rda-105
    PARKING GARAGE, PARKING STRUCTURE

    1551 Deer Hts Rda-105, Spokane, WA 99224-6208

    $210,000
    Estimated value
    1,200 sqft 0.03 AC lot
    View details
    9310 Knox Ave, Unit A-8
    PARKING GARAGE, PARKING STRUCTURE

    9310 Knox Ave, Spokane, WA 99206

    Unit A-8
    $175,000
    Estimated value
    1,133 sqft 0.03 AC lot
    View details
    Spokane, WA 99212
    PARKING GARAGE, PARKING STRUCTURE

    Spokane, WA 99212

    $150,000
    Estimated value
    1,440 sqft 0.35 AC lot
    View details
    1551 Deer Hts Rdc-108
    PARKING GARAGE, PARKING STRUCTURE

    1551 Deer Hts Rdc-108, Spokane, WA 99224-6208

    $210,000
    Estimated value
    1,200 sqft 0.03 AC lot
    View details
    1551 Deer Hts Rdc-105
    PARKING GARAGE, PARKING STRUCTURE

    1551 Deer Hts Rdc-105, Spokane, WA 99224-6208

    $210,000
    Estimated value
    1,200 sqft 0.03 AC lot
    View details
    104 8th Ave
    PARKING LOT

    104 8th Ave, Spokane, WA 99204-2308

    $4,500,000
    Estimated value
    2,200 sqft 0.70 AC lot
    View details
    1551 Deer Hts Rda-100
    PARKING GARAGE, PARKING STRUCTURE

    1551 Deer Hts Rda-100, Spokane, WA 99224-6208

    $210,000
    Estimated value
    1,200 sqft 0.03 AC lot
    View details
    9310 Knox Ave, Unit B-12
    PARKING GARAGE, PARKING STRUCTURE

    9310 Knox Ave, Spokane, WA 99206

    Unit B-12
    $115,000
    Estimated value
    747 sqft 0.02 AC lot
    View details
    8520 Electric Ave
    PARKING GARAGE, PARKING STRUCTURE

    8520 Electric Ave, Spokane, WA 99224-6149

    $27,300,000
    Estimated value
    99,000 sqft 646.44 AC lot
    View details
    702 Iron Ct
    PARKING GARAGE, PARKING STRUCTURE

    702 Iron Ct, Spokane, WA 99202

    $8,940,000
    Estimated value
    47,802 sqft 1.56 AC lot
    View details
    9310 Knox Ave, Unit B-6
    PARKING GARAGE, PARKING STRUCTURE

    9310 Knox Ave, Spokane, WA 99206

    Unit B-6
    $120,000
    Estimated value
    1,140 sqft 0.03 AC lot
    View details

    Spokane, WA Parking Lots & Garages Market Trends and Statistics

    Explore 72 parking lots & garages for sale in Spokane, WA on our real estate platform. These investment opportunities span a total of 42,098 square feet of properties for sale, with an estimated market value of $6,350,000.

    Sale prices for parking garages in Spokane, WA average $6,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Land 434
    Office Spaces 305
    Retail properties & Spaces 279
    Retail space 181
    Office Units 178

    Demographics Overview

    Population 390K
    Population Growth (5Y) +8.1%
    Median Household Income $73,015
    College Educated 35.9%

    High-Yield Neighborhoods for Investment

    Identify Spokane submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    99202 $6.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $10.24 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Spokane County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Spokane fall within the 10,000 to 25,000 square foot range.

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