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Downtown Office Condominium

417-423 W 1st Ave, Spokane, WA 99201

For Lease
New
Contact for pricing

A 1,994-square-foot suite offers a compact footprint in Spokane’s central business district.

Space Size1,994 SF
Days on Market5

Property Features for 417-423 W 1st Ave

General Information

Standard status Active
Size 1,994 SF
Net Rentable 1,994 SF
Property subtype OFFICE
Lease Type NNN

Space & Availability

Available Space 1,994 SF
Contiguous Space 1,994 SF
Space Use Office

Site & Location

Neighborhood Riverside
Highway Access Yes
Public Transit Yes

Spaces For Lease

at 417-423 W 1st Ave
Downtown Spokane Commercial Condo $16/SF/Yr
Floor 1
Size 1,994 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Position your business in the heart of downtown Spokane at 417 W. 1st Ave., Unit 1B. This 1,994-square foot commercial condominium offers a flexible opportunity for an owner-user, professional office, service business, or investor seeking a central downtown location. The property provides convenient access to Interstate 90, downtown transit, restaurants, hotels, retail, and Spokane’s central business district. Its manageable size and downtown setting make it well suited for a business seeking visibility and accessibility without the cost or operational demands of a larger property. This is an attractive opportunity to own or lease a well located commercial space in downtown Spokane. Contact the listing broker for additional property information and to schedule a private tour.
Contact us
Listing Agency: Kiemle Hagood
Listed By: Dominic Dickerson · License WA #25004432
Source: Moodyscre
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 3:51PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office condominium contains 1,994 square feet and is identified as Unit 1B at 417 W. 1st Ave. in Spokane. Its size provides a defined office-scale space within a commercial condominium setting.

The property is downtown, with access to Interstate 90 and downtown transit. Restaurants, hotels, and retail are also nearby, along with Spokane’s central business district.

Key Highlights

  • 1,994‑square‑foot office condominium
  • Unit 1B at 417 W. 1st Ave. in Spokane
  • Downtown setting with access to Interstate 90 and transit

Property Analytics

Current Use

Office Units

Suggested Use

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,537
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

$17.12 /SF/Yr
Avg Asking Price
$9–$28.5 /SF/Yr
Price Range
5,468 SF
Avg Space Size

This space is priced 7% below the average of $17.12 /SF/Yr.

Properties on Market for Office Units in Spokane

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A 1,994-square-foot suite offers a compact footprint in Spokane’s central business district.
Where is this office unit located?
The property is located at 417-423 W 1st Ave Spokane, WA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 1,994‑square‑foot office condominium; Unit 1B at 417 W. 1st Ave. in Spokane; Downtown setting with access to Interstate 90 and transit
(508) 808-0066 Call to check price and availability
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