Renovated Apartment Building Restaurant
For Lease
Contact for pricing
120 W 3rd Ave, Spokane, WA 99201
Restaurant space available in renovated downtown Spokane apartment building.
Space Size4,148 SF
Days on Market316
Property Features for 120 W 3rd Ave
General Information
Standard status
Active
Size
4,148 SF
Property subtype
Retail
Building Details
Building Size
4,148 SF
Year Built
1964
Spaces For Lease
at 120 W 3rd Ave
Restaurant
Size
4,148 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
SVN | Retter & Company
Listed By:
Taylor Gibbons
(509) 939-1741
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 24
Last Checked: May 9 at 1:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Retter & Company
Investment Insights
Based on property information with market context.
This is a restaurant opportunity within The Imperial, a newly renovated project in Downtown Spokane. The former hotel is being renovated into 93 modern apartments. The buildings and pool area are undergoing complete renovation. The available restaurant space is suitable for an experienced operator with a concept that complements the apartment project's atmosphere. The property has a size of 4148 square feet. The owners are prioritizing the right concept and operator. The property is located in Spokane, WA.
Key Highlights
- Opportunity to operate a restaurant within The Imperial, a brand new downtown Spokane apartment renovation project.
- The Imperial project features 93 renovated hotel rooms converted into modern apartments, creating a built‑in customer base.
- Complete renovation of all buildings and the pool area, offering a fresh and appealing environment.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,494
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99201, WA
15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Similar Off Market Nearby
- Red Rock Catering — 321 W 8th Ave, Spokane, WA 99204
- Pasefika Sweet & Savory — 522 W Riverside Ave Suite 4336, Spokane, WA 99201
- Just A Couple Of Moms Catering — 120 N Stevens St, Spokane, WA 99201
- Nectar Catering and Events — 120 N Stevens St, Spokane, WA 99201
- Good 'Dilla Quesadillas — 808 W Main Ave FC-3, Spokane, WA 99201
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant space available in renovated downtown Spokane apartment building.
Where is this restaurant located?
The property is located at 120 W 3rd Ave Spokane, WA.
What are key features of this property?
This property features: Opportunity to operate a restaurant within The Imperial, a brand new downtown Spokane apartment renovation project.; The Imperial project features 93 renovated hotel rooms converted into modern apartments, creating a built‑in customer base.; Complete renovation of all buildings and the pool area, offering a fresh and appealing environment.
