A classic 1913 brick landmark in Spokane, the Parkwater Schoolhouse has been reimagined as a distinctive apartment building with room to grow. This two-story former school?once a brewery and later a beloved winery?now features four renovated residential apartments and a shared laundry room for tenants. Zoned GC-70, the property includes two large main-floor spaces with strong potential to be converted into up to four additional apartments. Situated on a prominent corner lot, the 8,832 sq ft building sits on over half an acre and offers 25 parking spaces. The full unfinished basement includes a conveyor belt and loading dock, offering further potential for storage, creative reuse, or development. Full of historic character and investment upside, the Parkwater Schoolhouse presents a rare opportunity to expand a residential income property in a truly one-of-a-kind setting.
Listed By
Agency Name: REAL Broker LLC
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimated Payment
$ 2,127.13 per month $1,502.26 Principal & Interest $428.00 Property Tax $196.88 Homeowner's Insurance
5634 E Commerce Ave | MLS# 202515212
This multi-family property located at 5634 E Commerce Ave, Spokane, WA 99207 is currently listed for sale with an asking price of $675,000. E Commerce Ave is located within the West Valley school district. Search Spokane real estate on www.cbspokane.com today.