5634 E Commerce

For Sale

5634 E Commerce, Spokane, WA 99212

This Spokane property for sale is located at 5634 E Commerce. The current listed sale price for 5634 E Commerce is $675,000. 5634 E Commerce is situated on a lot that is 0.56 acre in size.

Contacts

Dominic Dickerson

Kiemle Hagood

Marianne Bornhoft

Real Broker

Property Details

  • Property Type Office
  • Property Size 8,832 SF
  • Lot Size 0.56 Acre
  • Cap Rate % 6.87
  • NOI / YR $46,404.00
  • # of Floors 3
  • Parking Spaces Avail. 25
  • Parking Ratio 2.83 / 1,000 SF
  • Year Built 1913
  • Year Renovated 2025
  • Date Updated Apr 8, 2026

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 training academy serving nearby Felts Field, followed by decades as a nursing home.

In the 1980s, it became a pioneering brewery and eventually a beloved winery and event venue, hosting tastings, gatherings, and community celebrations.

Offered at $675,000, the Parkwater Schoolhouse is a rare opportunity to own a piece of Spokane’s past—with endless potential for its future/

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

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  • 28/100

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  • 34/100

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Location

  • City Spokane, WA
  • Neighborhood Chief Garry Park
  • Zip Code 99212
  • Market Spokane

Points of Interest

  • Mobil

    0.16 miles

  • Pacific Pride Commercial Fueling

    0.84 miles

  • Chevron

    0.85 miles

  • Conoco

    1.03 miles

  • Royal Express

    1.05 miles

  • Costco Gasoline

    1.33 miles

  • nom nom

    1.49 miles

  • ChargePoint

    4.93 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    7.57 miles

  • Lot P4

    1.30 miles

  • P25

    1.33 miles

  • Lot P5

    1.39 miles

  • Lot P28

    1.42 miles

  • Lot P3

    1.43 miles

  • Lot P2

    1.46 miles

  • Lot P6

    1.50 miles

  • Lot P7

    1.50 miles

  • Lot P8

    1.52 miles

  • Lot P1

    1.53 miles

  • Red Top Motel

    0.90 miles

  • Rodeway Inn & Suites Spokane

    0.94 miles

  • Maple Tree Motel & RV Park

    1.57 miles

  • Park Lane Motel

    1.66 miles

  • Motel 6

    1.93 miles

  • Fairfield Inn & Suites

    1.94 miles

  • Baymont Inn & Suites

    2.10 miles

  • Super 8 Spokane Valley

    2.10 miles

  • Holiday Inn Express Spokane Valley

    2.15 miles

  • Bel Air Seven Motel

    3.31 miles

  • Walmart Supercenter

    1.39 miles

  • Safeway

    1.90 miles

  • Yoke's Fresh Market

    2.16 miles

  • Fred Meyer

    2.38 miles

  • Green's Fresh Market

    2.57 miles

  • Buruk Mini Mart

    2.61 miles

  • Bargain Giant

    2.71 miles

  • WinCo Foods

    2.85 miles

  • Best Asian Market

    2.88 miles

  • Logan Square

    4.03 miles

Contact 5634 E Commerce
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