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About This Home

This 0-bedroom, 0-bathroom commercial at 11802 E Main Ave in Spokane Valley, WA is listed for $10,850,000 ($258 per sqft). Built in 2026, the home offers 42,000 sqft of living space on a 0.95 acres lot.

Agent Description

New Construction "42 Unit Mason Apartment Complex" nearly an Acre site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit to be Well Appointed to include Hard Surface Countertops and Laminate Floor Throughout. 85 Parking Spots (with 12 EV Stalls).

All Units have washer/dryers and private patios or decks. The Ceilings are 10' and Primary bedrooms have walk-in closets. All Units have mini-splits or PTAC units for heating/cooling. Security Gate is Roughed-in for Parking Lot - Asphalt is starting soon! Rent Study - 1 Bed/1 Bath Units (6 total) at $1,350.00 each and 2 Bed/2 Bath (36 total) at $1,825.00 each for a monthly estimate of $73,800. Approx Completion Date is July 2026. Total Income - $915,720. Total Annual Expenses - $289,367. NOI - 626,352.

Key Features

  • Built in 2026
  • 0.95 acre lot
  • 3 stories

Property Details

3 stories
2026

Amenities

View

Monthly Cost Estimate

$58,028/mo

20% down · 6.5% · 30 years

Principal$7,847
Interest$47,017
Insurance$3,165

Estimates only. Actual payments may vary.

Location

11802 E Main Ave

Spokane Valley, WA 99206

Property Details

Construction

Masonite

Views

City

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 11802 E Main Ave is listed at $10,850,000 ($258/sqft). The estimated monthly payment is $47,017 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 0.95 acre lot, 3 stories.

This property is listed by Eric Peterson and can be reached at (509) 458-4000 or ericsfinehomes@yahoo.com.

EP

Eric Peterson

Agent at Keller Williams Spokane - Main

(509) 458-4000

Listed by Keller Williams Spokane - Main

MLS# 202615194· Source: listhub· Updated 2 days ago

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.

11802 E Main Ave, Spokane Valley, WA 99206

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