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    1508 N Monroe St Spokane, WA 99201

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    For Lease
    $12 SF/Yr

    Retail space available on high-traffic Monroe Street.

    Property size:
    28,152 SF
    Lot size:
    28,152 SF

    Property Features for 1508 N Monroe St

    General Information

    Size
    28,152 SF

    Building Details

    Year built
    1910

    Source: Kayla Saunders, CCIM Agent Kayla Saunders, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Monroe Street

    Available for lease is a retail space situated at the high-traffic corner of Mission and Monroe. The location benefits from average daily traffic counts of 9,100 on Mission and 18,600 on Monroe. Suite 1508 offers approximately 1,215 rentable square feet, and Suite 1510 also provides approximately 1,215 rentable square feet. The space can be demised to 1,215 rentable square feet. The property includes a shared ADA restroom and free on-site parking. The property is located along N. Monroe Street and W. Maxwell Avenue.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4264555
    Latitude
    47.6714685

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    FAQs

    What type of property is this?
    Retail space - Retail space available on high-traffic Monroe Street.
    Where is this retail space located?
    The property is located at 1508 N Monroe St Spokane, WA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High Traffic Corner Location (Mission & Monroe): 18,600 ADT on Monroe, 9,100 ADT on Mission; - Space can be demised to 1,215 RSF ±; - Free On-site Parking
    (509) 622-3567
    Request Owner's contact information
    1508 N Monroe St Spokane, WA 99201
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    Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1508 N Monroe St Spokane, WA 99201
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