About 5634 E Commerce Ave
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.
Features of 5634 E Commerce Ave
| MLS® # | SAR202515212 |
|---|---|
| Price | $750,000 |
| Price Per SqFt | $85 |
| Bathrooms | 0.00 |
| Square Footage | 8,832 |
| Acres | 0.56 |
| Year Built | 1913 |
| Type | Income |
| Sub-Type | Rental |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 5634 E Commerce Ave |
|---|---|
| Area | A140/073 |
| City | Spokane |
| County | Spokane |
| State | WA |
| Zip Code | 99207 |
Amenities
| Amenities | Laundry |
|---|---|
| Parking Spaces | 25 |
| Garages | RV Access/Parking, Off Site, See Remarks |
| Is Waterfront | No |
Interior
| Appliances | Refrigerator, Washer, Dryer |
|---|---|
| Heating | Natural Gas, Electric |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Many Trees, Level, Corner Lot |
|---|---|
| Roof | Flat |
| Construction | Brick |
School Information
| District | West Valley |
|---|
Additional Information
| Date Listed | April 17th, 2025 |
|---|---|
| Days on Website | 193 |
Listing Details
| Office | Real Broker Llc |
|---|