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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 Market719

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

Site & Location

Neighborhood Riverside

Spaces For Lease

at 121 S Wall St
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 a wide range of potential uses LEASE DETAILS - Building Size: ±3,190 SF Rent: $12.00 PSF, NNN Est. NNN Expense: $2.62 PSF AMENITIES - • Balcony patio • Functioning wood fire place • 3 parking spaces in the WTB East Building parking garage available @ $140.00/month • Open floor plan with skylight • Walking distance to restaurants, shopping & entertainment
Contact us
Listing Agency: Kiemle Hagood
Listed By: Christian Alfaro · License #24028715
Source: Moodyscre
Added: Nov 4, 2024 Changed: Oct 21 Last Checked: Oct 23 at 10:26AM

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

Rey
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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

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Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Spokane, WA

$16.73 /SF/Yr
Avg Asking Price
$9–$28.5 /SF/Yr
Price Range
5,308 SF
Avg Space Size

This space is priced 28% below the average of $16.73 /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

Frequently Asked Questions

What type of property is this?
Office unit - Office unit featuring a fireplace, balcony, and parking.
Where is this office unit 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) 755-7505 Call to check price and availability
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