Share This Listing

Message

925 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Heavy daytime traffic
  • Large acreage to explore business potential
  • Shovel Ready Land for Development

Executive Summary

Rare opportunity to acquire approximately 4.5 acres of shovel-ready commercial development land at the signalized intersection of N. Newport Highway and N. Elk-Chattaroy Road in Colbert, WA. This highly visible corner parcel is one of only two LDAC-zoned properties along the Newport Highway corridor and is the only commercially available land within a four-square-mile area. The property offers excellent exposure with traffic counts exceeding 14,000–18,000 vehicles per day and is adjacent to the Spokane County Regional Transfer Station, creating strong demand for convenience-oriented retail and service uses. LDAC zoning allows for a variety of commercial development opportunities, making the site ideal for a convenience store, gas station, retail center, service business, or other commercial ventures. Located along a heavily traveled corridor connecting North Spokane, Colbert, and surrounding lake communities, this property presents a unique opportunity to develop in an underserved trade area with limited commercial competition.

Property Facts

Price $834,149 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • General Freestanding
Total Lot Size 4.50 AC
Zoning LDAC

1 Lot Available

Lot

Price $834,149 CAD
Price Per AC $185,366.54 CAD
Lot Size 4.50 AC

Only partial of the existing parcel is available for sale, the owner will create a new parcel line for buyer. 4.5 Acres of land located on the corner of N. Elk-Chattaroy Rd. & N. Newport Hwy.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
37101.9083
Land Assessment
$461,024 CAD
Improvements Assessment
$0 CAD
Total Assessment
$461,024 CAD
  • Listing ID: 41014151

  • Date on Market: 2026-06-22

  • Last Updated:

  • Address: 22111 N Elk Chattaroy Rd, Colbert, WA 99005

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}