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    2020 N Monroe St Spokane, WA 99205

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    For Lease
    $18 SF/Yr

    3,396 SF retail space with high traffic and exposure.

    Property size:
    30,720 SF
    Lot size:
    30,720 SF

    Property Features for 2020 N Monroe St

    General Information

    Size
    30,720 SF

    Building Details

    Year built
    1946

    Source: Jim Orcutt Agent Jim Orcutt

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

    Overview

    High-Exposure Retail Space Available

    This 3,396 square foot retail space is located in a pedestrian-friendly area with high traffic and exposure. The property is adjacent to new Class A, market-rent apartments and features a prominent new storefront with glass and 17-foot ceilings. A Type I hood can be made available. Tenant improvements are negotiable, and an outdoor patio is available. Neighboring tenants include Indaba Coffee, Uno Mas Mexican Restaurant, and Bellwether Brewery. NNN expenses are estimated at $4.00 per square foot annually. Rent may be waived for up to 12 months. The property is strategically located among recognizable local brands, sitting at the center of an energetic and walkable node known for creative, community-focused businesses. The location benefits from both daily neighborhood activity and steady commuter traffic, averaging 17,100 vehicles per day, offering exceptional exposure and access for tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Silver Auctions Auction House Millennium Monroe Apartment Building Indaba Coffee Roasters Coffee Shop

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon 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
    -117.4264613
    Latitude
    47.6764171

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    FAQs

    What type of property is this?
    Retail space - 3,396 SF retail space with high traffic and exposure.
    Where is this retail space located?
    The property is located at 2020 N Monroe St Spokane, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High traffic and pedestrian-friendly location with excellent exposure (17,100 vehicles per day).; - Adjacent to brand new Class A, market-rent apartments.; - Located among recognizable local brands: Indaba Coffee, Uno Mas Mexican Restaurant, and Bellwether Brewery.
    (509) 280-2037
    Request Owner's contact information
    2020 N Monroe St Spokane, WA 99205
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    Spokane, WA 99205
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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
    2020 N Monroe St Spokane, WA 99205
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