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711 E Lake St

Medical Lake, WA 99022
  • $325,000
  • STATUS: Active
  • ON SITE: 52 Days
  • ID#: 202524217
UPDATED: 36 min ago
$325,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,980
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Ratings & Info

School District:

Description

Attention Investors: This is your opportunity to get into a massive potential investment at a very reasonable price in a small city with future growth heading its way! Several directions possible with this purchase as it is located in a great neighborhood just blocks from town center. Currently has 3 buildings on a large corner. Property is kitty corner from the school and across from 2 churches. 1 building is a single-family home, 1 was previously a business that is ready to be converted back to a single-family home and 1 is a large shop. Was previously 2 parcels and can be put back to 2 separate parcels w/lot segregation. Currently zoned R1,but may be opportunity for the right commercial or change of designation with approval by city. Level lot would be ideal for new built of large home as well. Major potential to think outside of the box to maximize ROI on this one!

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© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-11-10T14:20:36.127.
www.kellerwilliamscda.com/homes/168054309
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711 E Lake St Medical Lake, WA 99022

  • Price: $325,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 36 min ago
  • ID#: 202524217
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1,980
SQFT
$164
$/SQFT
1939
Built
Neighborhood:
A420/095
County:
Spokane
Area:
A420/095
School District:
Medical Lake
Property Description
Attention Investors: This is your opportunity to get into a massive potential investment at a very reasonable price in a small city with future growth heading its way! Several directions possible with this purchase as it is located in a great neighborhood just blocks from town center. Currently has 3 buildings on a large corner. Property is kitty corner from the school and across from 2 churches. 1 building is a single-family home, 1 was previously a business that is ready to be converted back to a single-family home and 1 is a large shop. Was previously 2 parcels and can be put back to 2 separate parcels w/lot segregation. Currently zoned R1,but may be opportunity for the right commercial or change of designation with approval by city. Level lot would be ideal for new built of large home as well. Major potential to think outside of the box to maximize ROI on this one!
Exterior Features

Construction Materials Wood SidingSee Remarks Lot Features LevelCorner LotOversized Lot Parking Features DetachedRV Access/ParkingWorkshop in GarageOff SiteOversized Road Frontage Type City StreetPaved Road Roof Composition

Interior Features

Basement NoneSee Remarks Heating ElectricForced Air

Property Features

Association Amenities None Building Area Total 1980 Listing Terms ConventionalCashOwner FinancingSee Remarks Other Structures WorkshopSee Remarks Property Sub Type Rental Structure Type One Story

Listing provided courtesy of Extant Realty: .


© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-11-10T14:20:36.127.
 
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