Flex Office and Clear-Span
For Sale
$1,250,000
14 E Main Ave, Spokane, WA 99202
Mixed office and clear-span warehouse on a secured, fenced lot with controlled gate access and ample parking.
Property Size6,500 SF
Lot Size0.40 Acres
Price / SF$192.31
Days on Market130
Property Features for 14 E Main Ave
General Information
Standard status
Active
Size
6,500 SF
Class
C
Lot size
0.40 Acres
Property subtype
Office
Site & Location
Neighborhood
East Central
Fenced Yard
Yes
Building Details
Building Size
6,500 SF
Year Built
1924
Listing Agency:
Goodale & Barbieri Company
Listed By:
Cory Barbieri · License #B92954
(509) 999-9324
Source:
Commercialcafe
Added: Jun 16
Changed: Oct 22
Last Checked: Oct 23 at 3:59AM
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 Goodale & Barbieri Company
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Investment Insights
Based on property information with market context.
This flex property includes 2,800 square feet of office space and 3,700 square feet of clear-span warehouse space within a total interior footprint of 6,500 square feet. The site is set on a 0.4-acre lot and includes a secured yard with an iron fence and gate controlled access.
The property is located at 14 E Main Ave in Spokane’s East Central neighborhood. It is described as having a substantial footprint near the city center and is offered for sale.
For tenants and buyers seeking a combined office and warehouse configuration, the layout supports day-to-day business operations alongside warehouse storage within one building, with parking available on site.
The property is located at 14 E Main Ave in Spokane’s East Central neighborhood. It is described as having a substantial footprint near the city center and is offered for sale.
For tenants and buyers seeking a combined office and warehouse configuration, the layout supports day-to-day business operations alongside warehouse storage within one building, with parking available on site.
Key Highlights
- 6,500 SF total building with 2,800 SF office space and 3,700 SF clear span warehouse
- 0.4‑acre lot with ample on‑site parking for operations or tenants
- Secured fenced lot with iron fence and gate controlled access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,074
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,861,480
$1.9M
Cap Rate 7%
$1,329,629
$1.3M
Cap Rate 9%
$1,034,156
$1.0M
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$144.3K $22.20/SF
− Vacancy
−$20.2K −$3.11/SF
EGI
$124.1K $19.09/SF
− OpEx
−$31.0K −$4.77/SF
NOI
$93.1K $14.32/SF
Area
Spokane, WA
Vacancy
14.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,861,480
Cap Rate 7%
$1,329,629
Cap Rate 9%
$1,034,156
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $93,074 @ 7.0% cap · market cap 7.45%
Second Best
Warehouse
$606.6K
$530.8K – $707.7K
NOI $42,460 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,390 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
4,720
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99202, WA
21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Red Rock Catering — 321 W 8th Ave, Spokane, WA 99204
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- 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?
Flex space - Mixed office and clear-span warehouse on a secured, fenced lot with controlled gate access and ample parking.
Where is this flex space located?
The property is located at 14 E Main Ave Spokane, WA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,500 SF total building with 2,800 SF office space and 3,700 SF clear span warehouse; 0.4‑acre lot with ample on‑site parking for operations or tenants; Secured fenced lot with iron fence and gate controlled access
