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16607, 16615 & 16619 E Broadway Ave 3 Land Properties Offered at $2,300,000 in Spokane Valley, WA
Executive Summary
Apartment / Assisted Living Development Opportunity
Total of 6.83 acre site positioned for redevelopment. Per Spokane Valley RHD zoning-150 allowable apartment units (22 per acre). Basic mock up for 96 units which would maintain the 4 Br, 2 bath house for rental or re-sale purposes.
Spokane Valley mandated by State of Washington to update their comp plan by end of 2026-possibly increasing unit density.
This is unique opportunity remaining in the heart of Spokane Valley for redevelopment. With many options for creatively identifying the best structure and timing to redevelop.
Walking distance to Lowe’s, Walmart, Big 5 Sporting Goods, Panda Express, and many other goods and services on Sullivan!
Call to discuss some creative options on this property!
Total of 6.83 acre site positioned for redevelopment. Per Spokane Valley RHD zoning-150 allowable apartment units (22 per acre). Basic mock up for 96 units which would maintain the 4 Br, 2 bath house for rental or re-sale purposes.
Spokane Valley mandated by State of Washington to update their comp plan by end of 2026-possibly increasing unit density.
This is unique opportunity remaining in the heart of Spokane Valley for redevelopment. With many options for creatively identifying the best structure and timing to redevelop.
Walking distance to Lowe’s, Walmart, Big 5 Sporting Goods, Panda Express, and many other goods and services on Sullivan!
Call to discuss some creative options on this property!
Property Facts
| Price | $2,300,000 | Number of Properties | 3 |
| Sale Type | Investment | Individually For Sale | 2 |
| Status | Active | Total Land Area | 6.83 AC |
| Price | $2,300,000 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 2 |
| Total Land Area | 6.83 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
|
APARTMENT/ASSISTED LIVING DEVELOPMENT OPPORTU
16619 E Broadway Ave, Spokane Valley, WA 99037 |
Land | 3.64 AC | $1,000,000 |
| 16607 E Broadway Ave, Spokane Valley, WA 99037 | Land | 2.00 AC | - |
|
APARTMENT/ASSISTED LIVING DEVELOPMENT OPPORTU
16615 E Broadway Ave, Spokane Valley, WA 99037 |
Land | 1.19 AC | $650,000 |
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16607, 16615 & 16619 E Broadway Ave