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.
Seth Peterson
Daines Capital | Commercial Real Estate
