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Downtown Multi-Suite Retail Space
For Lease
$18 SF/Yr

225 W Riverside Ave, Spokane, WA 99201

Multi-suite retail offering large storefront windows, open layout, and flexible dining or retail concepts on a high-traffic downtown corridor.

Space Size2,000 SF
Property Size14,400 SF
Days on Market94

Property Features for 225 W Riverside Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Zoning Retail
Lease Term NNN

Building Details

Building Size 14,400 SF
Year Built 1896
Tenancy Multi

Spaces For Lease

at 225 W Riverside Ave Contact us

225 W Riverside Ave $18/SF/Yr

Size
2,000 SF
Term
Negotiable
Contact us
Listing Agency: NAI Black
Listed By: John Powers · License #100306
Source: Naiblack
Added: Jun 2 Changed: Aug 21 Last Checked: Sep 2 at 4:03PM

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 NAI Black

Investment Insights

Based on property information with market context.

This 6,400-square-foot multi-suite space is designed for flexibility and visibility, featuring large storefront windows and an open floor plan. The layout includes three dining areas and a speakeasy-style basement bar, supporting a range of concepts from coffee service and fast-casual dining to boutique retail and restaurant or bar use.

Located on Riverside Avenue in downtown Spokane, the property benefits from strong vehicle and foot traffic along one of the area’s most traveled corridors. The building offers prominent signage opportunities and nearby public parking, with convenient access to major downtown destinations including River Park Square, The Davenport Grand, and the Spokane Convention Center.

The configuration is well-suited for operators seeking a versatile footprint with multiple zones for service and guest flow. With its retail-friendly frontage, flexible interior planning, and on-site basement bar feature, the space should attract tenants looking to establish a visible presence and support both daytime and evening activity.

Key Highlights

  • 6,400 SF multi‑suite in a professionally managed building built in 1896
  • Retail zoning; available for flexible concepts including coffee shop, fast‑casual dining, boutique retail, or speakeasy bar
  • Includes large storefront windows and an open floor plan

Property Analytics

Current Use

Redband Room Hotel & Motel The Bickett Apartment Building Ruins Restaurant Restaurant Hunt Restaurant

Suggested Use

Top Pick Locksmith Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher Supermarket

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,970
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

$18.03 /SF/Yr
Avg Asking Price
$10–$32 /SF/Yr
Price Range
11,453 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-suite retail offering large storefront windows, open layout, and flexible dining or retail concepts on a high-traffic downtown corridor.
Where is this retail space located?
The property is located at 225 W Riverside Ave Spokane, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 6,400 SF multi‑suite in a professionally managed building built in 1896; Retail zoning; available for flexible concepts including coffee shop, fast‑casual dining, boutique retail, or speakeasy bar; Includes large storefront windows and an open floor plan
More about this property
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