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Parkwater Schoolhouse
5634 E Commerce Spokane WA 99212
Listing #: 695943 | Status: Pending | Last Modified: 4/2/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 6.88 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 9 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 9 |
| # of Elevators | 0 |
| Total Building SF | 8,832 SF |
| Net Rentable Area | 8,832 SF |
| Total Office SF | 8,832 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 24,396 SF |
| Acres | 0.56 |
| Year Built | 1913 |
| Year Renovated | 2025 |
| Roof Type | Membrane |
| Construction Type | Brick, Masonry |
| Property Type | |
|---|---|
| Property Type | Office |
| Office Type | Other |
| Building Class | B |
| Location | |
|---|---|
| County | Spokane |
| Market Area | Spokane Valley |
| Tax ID # | 35114.1701 |
| Zoning | GC-70 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 25 |
| Total Parking Spots | 25 |
Parkwater Schoolhouse
Welcome to the Parkwater Schoolhouse— A historic 1913 brick landmark, just half a mile from Spokane’s iconic Felts Field. This two-story, 8,832 square foot building—plus a full unfinished basement—sits on nearly 25,000 square feet of corner lot frontage, with paved parking for approximately 25 vehicles. It includes a convenient dock with a loading door and is equipped with 3-phase 120/240 volt electrical service. Zoned GC-70, this versatile mixed-use commercial property offers a unique blend of residential and commercial space. Inside, you'll find 4 residential apartments, 2 professional offices, a lash salon, and 2 large commercial studios—one currently operating as a martial arts dojo. The Parkwater Schoolhouse has lived many lives—originally an elementary school, then a 1940s flight
Industrial/Retail, Mixed-Use, Restaurant, Salon/Spa, Marijuana
Parkwater Schoolhouse
5634 E Commerce Spokane WA 99212
Listing #: 695943 | Status: Pending | Listing Date: 4/18/2025 | Last Modified: 4/2/2026 | Email Listing
For Sale
Parkwater Schoolhouse
