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    251 E 5Th Ave Spokane, WA 99204

    For Lease
    $22 SF/Yr ($4,532 /Mo)

    Modern medical space for lease in Spokane's medical corridor.

    Property size:
    2,472 SF
    Lot size:
    0.35 Acres

    Property Features for 251 E 5Th Ave

    General Information

    Size
    2,472 SF
    Lot size
    0.35 Acres

    Source: Kiemle Hagood Agent Richard Fox

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

    Overview

    Modern Medical Space in Spokane

    This modern medical space, constructed in 2013, offers approximately 2,472 square feet for lease. It is located in Spokane’s premier medical corridor. The property features a contemporary design and an efficient layout optimized for clinical workflows. A parking ratio of 5 per 1,000 square feet is provided. The South Hill location offers street visibility and exposure for healthcare providers seeking convenience and accessibility near Spokane’s leading medical institutions. Prominent signage opportunities are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prosser Dentistry Dental Clinic Stahl Optical Inc Optician Brisbane Nanette DO Doctor Dr. Simon Prosser Dentist Dr. Terri Haley Optometrist

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon Law Firm Auto Parts Store

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

    Similar Places Nearby

    PawDoc, Animal Eye Clinic Spokane, Espinosa Animal Hospital, Kevin Kaiser, DVM, DACVO, Vetrenary Learning Center

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4061938
    Latitude
    47.6518779

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    FAQs

    What type of property is this?
    Medical office - Modern medical space for lease in Spokane's medical corridor.
    Where is this medical office located?
    The property is located at 251 E 5Th Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Spokane's premier medical corridor.; - Modern ±2,472 SF medical space constructed in 2013.; - Efficient layout optimized for clinical workflows.
    (509) 755-7580
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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
    251 E 5Th Ave Spokane, WA 99204
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