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EXECUTIVE SUMMARY
This fully entitled downtown parcel presents a rare opportunity to acquire a shovel-ready development site approved for the construction of Water Tower Lofts, a mixed-use project featuring 69 luxury apartments and 12,000 square feet of ground-floor retail. Strategically positioned just steps from the Spokane River and Centennial Trail, the site captures the momentum of Post Falls’ rapid growth and urban revitalization. With architectural plans, entitlements, and city approvals already secured, the project offers immediate development potential in one of the Inland Northwest’s fastest-growing communities—where modern design, lifestyle, and investment opportunity converge.
PROPERTY FACTS
| Price | $3,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 1.99 AC |
| Property Type | Land | ||
| Zoning | SD1 | ||
| Price | $3,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.99 AC |
| Zoning | SD1 |
1 LOT AVAILABLE
Lot
| Price | $3,300,000 | Lot Size | 1.99 AC |
| Price Per AC | $1,658,291.46 |
| Price | $3,300,000 |
| Price Per AC | $1,658,291.46 |
| Lot Size | 1.99 AC |
Approved Use: fully entitled site for the development of Water Tower Lofts - a high visibility, mixed-use project featuring residential lofts above retail.
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PROPERTY TAXES
| Parcel Number | P00000035250 | Improvements Assessment | $0 |
| Land Assessment | $1,197,329 | Total Assessment | $1,197,329 |
PROPERTY TAXES
Parcel Number
P00000035250
Land Assessment
$1,197,329
Improvements Assessment
$0
Total Assessment
$1,197,329
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210 N McReynolds Dr
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