5634 E Commerce
5634 E Commerce, Spokane, WA 99212
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/
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Kiemle Hagood
Real Broker
Building Details
- For Sale $675,000
- 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
Getting Around
-
Walk Score ®
Car-Dependent (29) -
Transit Score ®
Some Transit (28) -
Bike Score ®
Somewhat Bikeable (34)
Location
- City Spokane, WA
- Neighborhood Chief Garry Park
- Zip Code 99212
- Market Spokane
Points of Interest
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
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
Metro Express
1.69 miles
Spit-N-Shine Car Wash
1.81 miles
Thrifty
1.97 miles
Car Wash Plaza
1.98 miles
Metro Express Car Wash
2.03 miles
Squeaky's Car Wash
2.47 miles
Brown Bear Car Wash
2.89 miles
Spokane Limousine
3.90 miles
Chevron
3.94 miles
Zip's
0.09 miles
Burger Royal
0.21 miles
Chinese Gardens
0.33 miles
Skyway Cafe
0.38 miles
Broadway Diner
1.03 miles
Terry's Breakfast and Lunch
1.25 miles
The Sushi House
1.27 miles
Wendy's
1.35 miles
IHOP
1.37 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
CHAS Health Parkside Clinic
1.91 miles
Family & Wellness Health Clinic
1.94 miles
Rite Aid
1.96 miles
MultiCare Indigo Urgent Care - Argonne
2.02 miles
Healing Lodge of the Seven Nations
2.06 miles
Unify Community Health
2.55 miles
C.O.P.S. Northeast
2.63 miles
Frontier Behavior Health - Raschko Building
2.67 miles
Station 15
2.92 miles
5634 E Commerce Listing Summary
-
What is the asking price at 5634 E Commerce?
5634 E Commerce is currently listed for sale at Contact for pricing.
-
What is the total size of 5634 E Commerce?
5634 E Commerce has a total of 8,832 square feet.
-
What is the year built for 5634 E Commerce?
The year built for 5634 E Commerce is 1913.
