# 11802 E Main Ave, Spokane Valley, WA 99206

> **TL;DR:** commercial, $10,850,000 ($258/sqft), built 2026, 42,000 sqft.
> View. Est. $47,017/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $10,850,000 |
| Price/sqft | $258 |
| Square Feet | 42,000 |
| Year Built | 2026 |
| Lot Size | 41,382 sqft (0.95 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $47,017 |
| **Total** | **$47,017** |

## Nearby Schools

- **Elementary:** Opportunity
- **Middle:** North Pines
- **High:** Central Valley

## Key Amenities

- View

## Property Highlights

- Built in 2026
- 0.95 acre lot
- 3 stories

## Description

### 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.

## Location

- **Address:** 11802 E Main Ave, Spokane Valley, WA 99206
- **County:** Spokane
- **Coordinates:** 47.65851753, -117.2461461
- **Google Maps:** https://www.google.com/maps?q=47.65851753,-117.2461461

## Listing Agent

- **Name:** Eric Peterson
- **Brokerage:** Keller Williams Spokane - Main
- **Phone:** (509) 458-4000
- **Email:** ericsfinehomes@yahoo.com

## Primary Photo

![11802 E Main Ave - Primary Photo](http://lh.rdcpix.com/a1d2e6dcd6642d1b7f17759ab8c0377cl-f3790970102r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/11802-e-main-ave-spokane-valley-wa-99206-02615194)*

---

**MLS#:** 202615194 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/11802-e-main-ave-spokane-valley-wa-99206-02615194)

---

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