See all 36 photos
36 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Marianne Bornhoft • REAL Broker LLC
$725,000
Est. payment /mo
8,832 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 8,832 sqft
Price per Sqft $82
MLS Listing ID 202515212
Style Traditional
Year Built 1913
Annual Tax Amount $5,136
Lot Size 0.560 Acres
Lot Dimensions 0.56
Property Sub-Type Rental
Property Description
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.
Location
State WA
County Spokane
Rooms
Basement Full, Unfinished
Interior
Heating Natural Gas, Electric
Appliance Refrigerator, Washer, Dryer
Exterior
Parking Features RV Access/Parking, Off Site, See Remarks
Amenities Available Laundry
View Y/N true
Roof Type Flat
Total Parking Spaces 25
Building
Lot Description Level, Corner Lot
Story 2
Architectural Style Traditional
Structure Type Brick
Schools
School District West Valley
Others
Acceptable Financing Cash, Commercial
Listing Terms Cash, Commercial
Read Less Info