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Office/Retail Flex Space
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1229 W 1st Ave, Spokane, WA 99201

Lease a flexible office and retail space with large windows and abundant natural light.

Space SizeContact for details
Days on Market36

Property Features for 1229 W 1st Ave

General Information

Standard status Active
Class Unclassified
Property subtype office
Listing Agency: Spokane
Listed By: Jared Smith · License #SP54152
Source: Property.jll
Added: Jul 16 Changed: Aug 19 Last Checked: Aug 20 at 4:12AM

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 Spokane

Investment Insights

Based on property information with market context.

Available for lease are commercial office and flex opportunities with a unique configuration suited for office or retail uses. The space features huge windows designed to bring in natural light.

The building is located in Spokane’s Central Business District within an amenity-rich neighborhood, supporting a tenant mix that benefits from being close to surrounding services.

This offering is best suited for users looking for a combined office/retail layout with prominent glazing.

Key Highlights

  • Commercial space for lease with office and flex opportunities
  • Unique space suited for office/retail uses
  • Huge windows for natural light

Property Analytics

Current Use

Bonded Data Research ... Financial Advisor Salt King Brewing Production Facility

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

4,188
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

$17.39 /SF/Yr
Avg Asking Price
$9.6–$22 /SF/Yr
Price Range
6,226 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Lease a flexible office and retail space with large windows and abundant natural light.
Where is this office units located?
The property is located at 1229 W 1st Ave Spokane, WA.
What are key features of this property?
This property features: Commercial space for lease with office and flex opportunities; Unique space suited for office/retail uses; Huge windows for natural light
More about this property
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