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Live-Work Building with Patio
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223 W 2nd Ave, Spokane, WA 99201

Two-story building offers main-floor office or retail space plus a second-floor apartment with private outdoor deck.

Property Size3,100 SF
Days on Market171

Property Features for 223 W 2nd Ave

General Information

Standard status Active
Size 3,100 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Kiemle Hagood
Listed By: Brandon Peterson
Source: Moodyscre
Added: Feb 10 Changed: Jul 27 Last Checked: Jul 30 at 1:57PM

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.

223 W 2nd Avenue is a two-story live-work building originally built in 1903 and remodeled in 1999. The main floor is professionally built out for office or retail use and includes five private offices, a large conference room, reception area, kitchenette, and an approximately 1,800 SF outdoor patio. The second floor provides a 2.5-bedroom, 2-bath apartment configuration with a private deck.

The property includes on-site and street parking, supporting flexible access for employees, guests, and residents. It is described as being in the heart of downtown Spokane with nearby downtown businesses and attractions.

Overall, the layout supports dual-use occupancy, with dedicated professional space on the first floor and a residential unit above, while retaining outdoor amenities on both levels.

Key Highlights

  • Two‑story live/work building totaling approx. 3,100 SF on a 7,000 SF lot in downtown Spokane.
  • Main floor approx. 1,550 SF built out for office or retail with 5 private offices, large conference room, reception, and kitchenette.
  • Main floor includes an approx. 1,800 SF outdoor patio—an uncommon downtown amenity.

Property Analytics

Current Use

Live-work space

Suggested Use

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

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
$1.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,820
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

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?
Live-work space - Two-story building offers main-floor office or retail space plus a second-floor apartment with private outdoor deck.
Where is this live-work space located?
The property is located at 223 W 2nd Ave Spokane, WA.
What is the lease rate?
The lease rate is $12.39 SF/Yr.
What are key features of this property?
This property features: Two‑story live/work building totaling approx. 3,100 SF on a 7,000 SF lot in downtown Spokane.; Main floor approx. 1,550 SF built out for office or retail with 5 private offices, large conference room, reception, and kitchenette.; Main floor includes an approx. 1,800 SF outdoor patio—an uncommon downtown amenity.
(509) 998-8162 Call to check price and availability
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