5634 E Commerce Ave
Spokane, WA 99212
-- Bed
-- Bath
8,832 Sq Ft
108 Days on Market
For Sale $700,000
Save
Courtesy of REAL Broker LLC

Listing Agent & Comments

Marianne BornhoftREAL Broker LLC
marianne@bornhoft.com
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.

MLS# SAR202515212 • Data provided by SAR as distributed by MLS Grid
Additional home details
Living Area8,832 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1913
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
More Information On This Home
This home's estimated value
$687,144
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

5634 E Commerce Ave., Spokane, WA 99212

Multifamily
-- Bed
-- Bath
8,832 Sq Ft
108 Days on Market

Listing Agent & Comments

Marianne BornhoftREAL Broker LLC
marianne@bornhoft.com
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.

MLS# SAR202515212 • Data provided by SAR as distributed by MLS Grid
Additional home details
Living Area8,832 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1913
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $700,000
Save
Courtesy of REAL Broker LLC
5634 E Commerce Ave
Spokane, WA 99212
-- Bed
-- Bath
8,832 Sq Ft
108 Days on Market

Listing Agent & Comments

Marianne BornhoftREAL Broker LLC
marianne@bornhoft.com
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.

MLS# SAR202515212 • Data provided by SAR as distributed by MLS Grid
Additional home details
Living Area8,832 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1913
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
More Information On This Home
This home's estimated value
$687,144
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $700,000
Save
Courtesy of REAL Broker LLC