2927 E Mission Ave
Development opportunity along Spokane’s Mission Avenue corridor! Zoned CB-55 (Community Business), this property offers flexibility for a variety of potential uses, including multifamily, office, commercial, or mixed-use development. The zoning allows for a 55-foot height limit, creating possibilities for future infill or redevelopment. The property currently features a 624 sq. ft., 2-bedroom, 1-bath bungalow built in 1931, offering immediate use or potential rental income while exploring future plans. Convenient access to downtown Spokane, surrounding neighborhoods, services, and major transportation routes. A unique opportunity for an investor, developer, or owner looking to take advantage of the existing improvements and flexible zoning. Buyer to verify zoning, permitted uses, development standards, and intended use with the City of Spokane.
A small Mission Avenue bungalow sits on a CB-55 lot built for something bigger
This is really a land-and-zoning play. The 0.15-acre parcel carries CB-55 Community Business zoning with a 55-foot height allowance, which opens the door to multifamily, office, or mixed-use redevelopment along the Mission Avenue corridor. At $199,999, that pencils to roughly $1.28 million per acre for the site itself. The existing structure, a 624 sq ft bungalow from 1931 heated by baseboard with no garage, could hold rental income while plans come together. Annual taxes run $1,777. Buyers should confirm permitted uses and development standards directly with the City of Spokane.
- CB-55 zoning
- 55-foot height limit
- 0.15-acre lot
- Existing rental income
- Mission Ave corridor
Your point of contact
Listed by Ron King, Coldwell Banker Tomlinson · 509-921-7400
What's included
Heating
- Baseboard
Education
- Elementary
- Stevens
- Middle
- Yasuhara
- High
- North Central
School assignments are as reported in the listing. Boundaries and enrollment can change — verify directly with the school district.
Costs of ownership
- Annual taxes
- $1,777
Run the payment
- Principal & interest
- —
- Property taxes
- —
- Insurance
- —
- HOA
- —
Fine-tune taxes, insurance & HOA
Estimates only — excludes PMI and utilities; your lender's numbers govern. Taxes prefilled from the listing record.
On the map
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Listing information provided courtesy of the Spokane Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use.
Information provided by Spokane Association of REALTORS®. Listings deemed reliable but not guaranteed. Buyer is responsible for verifying all material facts (square footage, lot size, zoning, school assignments, HOA dues, taxes). Not legal, tax, financial, or appraisal advice — consult the relevant professional.