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711 E Lake St
Medical Lake, WA 99022

Spokane Area Rental

  • 1,980 Sqft
  • 0.30 Acre

$325,000

1 Week on market

MLS# 202524217

Listing courtesy of Spokane Association of REALTORS MLS as distributed by MLS GRID.

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!

SqFt: 1,980
County: Spokane
Year Built: 1939
Basement
  • None
  • See Remarks
Garage / Parking
  • Detached
  • RV Access/Parking
  • Workshop in Garage
  • Off Site
  • Oversized
Heating / Cooling
  • Electric
  • Forced Air
Outbuildings
  • Workshop
  • See Remarks
Lot / Information
  • Level
  • Corner Lot
  • Oversized Lot
Roof
  • Composition

Office Details
Extant Realty  —  (509) 258-5000

Broker Reciprocity MLS Disclaimer: Copyright of the Spokane Association of REALTORS MLS. All rights reserved. Listing information deemed reliable but not guaranteed.

IDX listing information is provided exclusively for consumers’ personal, noncommercial use. All other uses are strictly prohibited. The listing information displayed herein is based on information submitted to the MLS GRID as of 9/25/2025, 12:25 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.