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Mixed-Use Land for Sale in Spokane, Washington

12323 E Riverside Ave, Spokane, WA 99216

$299,500
0.62 acres
pending
Under contract

PRICE REDUCED FOR QUICK SALE - MOTIVATED SELLER! Prime 0.62-acre city lot just off Sprague Ave and Pines Rd, offering over 23,000 cars per day of traffic and maximum visibility. This property is a developer's dream with flexible zoning that allows multifamily housing, duplexes, retail, office space, or light manufacturing. It is already pre-approved for a 12-unit apartment building or six duplexes, or any construction up to 12 total units. All utilities, including water, sewer, and power, are available at the street, making it truly shovel-ready. With its high-exposure location and versatile development options, this lot is perfect for investors, builders, and developers looking to capitalize on a growing area. Act quickly-opportunities like this don't last!

Location

Street address
12323 E Riverside Ave
School district
Central Valley
Elevation
2,017 feet
Coordinates
47.6586, -117.2385

Property details

Lot size
0.62 acres27,007 sq ft
Zoning
CMU
MLS #
SAR 202524858
Posted

Property taxes

Recent
$1,896

Parcels

  • 45153.3105

Details and features

Listing

Type
Commercial Sale

Lot

Features
Surveyed

Listing history

DateEventPriceChangeSource
Dec 1, 2025Under contract$299,500SAR
Oct 15, 2025Price drop$299,500$199,500 -40%SAR
Aug 4, 2025New listing$499,000SAR
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This 0.62-acre property is located at 12323 E Riverside Ave in Spokane, WA 99216. The property is pending sale.

Checked 35 mins ago — Updated

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Copyright (C) 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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