Flex Space with Clear-Span
For Sale
Contact for pricing
14 E Main Ave, Spokane, WA 99202
Flex space combining office and a clear-span warehouse, with gated access on a secured lot and ample parking.
Property Size6,500 SF
Lot Size0.40 Acres
Price / SF$192.31
Days on Market57
Property Features for 14 E Main Ave
General Information
Standard status
Active
Size
6,500 SF
Lot size
0.40 Acres
Property subtype
OFFICE
Warehouse & Industrial
Clear Span
Yes
Warehouse Space
3,700 SF
Office Build-Out
2,800 SF
Additional Details
Fenced Yard
Yes
Building Details
Buildings
1
Building Size
6,500 SF
Listing Agency:
Goodale & Barbieri Company
(509) 999-9324
Listed By:
Cory Barbieri · License #B92954
(509) 999-9324
Source:
Moodyscre
Added: Jun 5
Changed: Jul 29
Last Checked: Jul 29 at 8:26PM
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
Investment Insights
Based on property information with market context.
Flex space at 14 E Main Ave offering a total of 6,500 SF of interior area, including 2,800 SF of office space and 3,700 SF of clear span warehouse. The property sits on a 0.4-acre lot, providing room for day-to-day operations and future redevelopment possibilities.
A secured lot with an iron fence and gate controlled access supports tenant use, and ample parking is available on site. The property’s historic character and substantial footprint near the city center make it a versatile asset for a range of business uses.
For businesses seeking both office functions and open warehouse space, the layout provides dedicated office area alongside a large clear span component within one flexible operating footprint.
A secured lot with an iron fence and gate controlled access supports tenant use, and ample parking is available on site. The property’s historic character and substantial footprint near the city center make it a versatile asset for a range of business uses.
For businesses seeking both office functions and open warehouse space, the layout provides dedicated office area alongside a large clear span component within one flexible operating footprint.
Key Highlights
- 6,500 SF total flex space: 2,800 SF office and 3,700 SF clear span warehouse
- 0.4‑acre lot for operations and potential development
- Secured lot with iron fence and gate controlled access
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.3k | $22.20 |
| − Vacancy | −$20.2k | −$3.11 |
| EGI | $124.1k | $19.09 |
| − OpEx | −$31.0k | −$4.77 |
| NOI | $93.1k | $14.32 |
6,500 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%
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.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Under-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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space combining office and a clear-span warehouse, with gated access on a secured lot 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 flex space: 2,800 SF office and 3,700 SF clear span warehouse; 0.4‑acre lot for operations and potential development; Secured lot with iron fence and gate controlled access
