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Mixed-Use Land for Sale in Spokane, Washington

520 S Elm St, Spokane, WA 99201

$249,900
0.05 acres
Active sale
ago
Est $1,912/mo

Three-parcel downtown Spokane assemblage with existing improvements and additional development land. The property providing excellent potential for an investor owner-user, or developer. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch -thick.

Location

Street address
520 S Elm St
Zip code
99201
School district
Spokane Valley
Elevation
1,893 feet
Coordinates
47.6509, -117.4404

Property details

Lot size
0.05 acres2,178 sq ft
Zoning
DTG
MLS #
SAR 202626556
Posted

Parcels

  • 25241.4715

Details and features

Listing

Type
Land

Lot

View
City
Features
Fenced Yard, Open Lot

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameTypeDistrict
RooseveltElementarySpokane Valley
SacajaweaMiddle—
Lewis & ClarkHigh—

Listing history

DateEventPriceChangeSource
Nov 4, 2026New listing$249,900—SAR
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This 0.05-acre property is located at 520 S Elm St in Spokane, WA 99201. The land is available for sale, priced at $249,900.

Listed by Kelly Right Real Estate, (509) 489-7000

Checked 1 hour agoUpdated Source

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Copyright © 2026 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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