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Office Space with Fireplace
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121 S Wall St, Spokane, WA 99201

Office unit featuring a fireplace, balcony, and parking.

Space Size3,190 SF
Lot Size0.05 Acres
Days on Market646

Property Features for 121 S Wall St

General Information

Standard status Active
Size 3,190 SF
Lot size 0.05 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 121 S Wall St Contact us

Creative Space $12/SF/Yr

Size
3,190 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
CREATIVE SPACE FOR LEASE Unique & historic building located downtown Spokane offering...
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Listing Agency: Kiemle Hagood
Listed By: Craig Soehren · License #22137
Source: Moodyscre
Added: Nov 4, 2024 Changed: Aug 8 Last Checked: Aug 11 at 2:06PM

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 Kiemle Hagood

Investment Insights

Based on property information with market context.

This office unit offers an open floor plan enhanced by a skylight and a functioning wood fireplace. A balcony patio provides an outdoor space. The property includes 10 parking spaces in the WTB East Building parking garage, with the option to lease them to tenants; currently, 7 spaces are leased. The location is within walking distance of restaurants, shopping, and entertainment.

Key Highlights

  • 10 parking spaces in the WTB East Building parking garage with ability to lease out (7 currently leased).
  • Walking distance to restaurants, shopping & entertainment.
  • Open floor plan with skylight.**

Property Analytics

Current Use

Roen Associates - Spokane Construction Company Chris White's House ... Recording Studio Off the Wall Spokane Restaurant

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,579
Businesses Nearby

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

Market

Lease Benchmarks for Spokane, WA

$18.46 /SF/Yr
Avg Asking Price
$9.6–$25 /SF/Yr
Price Range
7,408 SF
Avg Space Size

This space is priced 35% below the average of $18.46 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office unit featuring a fireplace, balcony, and parking.
Where is this office units located?
The property is located at 121 S Wall 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: 10 parking spaces in the WTB East Building parking garage with ability to lease out (7 currently leased).; Walking distance to restaurants, shopping & entertainment.; Open floor plan with skylight.**
(509) 755-7548 Call to check price and availability
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