










Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Exceptional investment and development opportunity on ±4.42 acres of Light Industrial-zoned land in a prime Spokane location with quick, convenient access to I-90. This versatile property offers the rare combination of immediate rental income and outstanding future development potential. Two updated residential homes are currently leased, generating $4,600 per month with the opportunity for immediate rent increases. The homes include a 5-bedroom, 2-bath residence with approximately 1,656 square feet and a 4-bedroom, 2-bath residence with approximately 1,200 square feet. Continue collecting rental income while planning your next commercial or industrial project. The Light Industrial zoning supports a variety of business and development opportunities, making this an ideal investment for developers, owner-users, or investors seeking long-term upside. Rarely does a property offer this combination of income, flexibility, desirable zoning, and a highly accessible location.
Property Type
Residential Income
Year Built
1948
County
Spokane
Lot Size
4.42 acres
Garage
2-car
Schools
Elementary: Cheney, Middle: Westwood, High: Cheney
Days on Market
32 days
MLS #
SAR202622727
Parcel #
24053.9031
MLS Area
A420/092
MLS Class
Rental Income
Listing Terms
Conventional, Cash, Commercial
Road Frontage
City Street, Paved Road
Listed On
Aug 17, 2026
Status Changed
Aug 24, 2026
Last MLS Update
Aug 24, 2026
MLS Branch
1195
Elementary
Cheney
Middle School
Westwood
High School
Cheney
Architectural Style
Construction
Structure Type
Roof
Basement
Flooring
Windows
Heating
Cooling
Appliances
Patio & Porch
Parking
Lot Features
Other Structures
Listed By
Chelsey Graves
Avalon 24 Real Estate

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$6,500/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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