Search
Two-Story Office-Retail Live-Work Building
For Lease
Contact for pricing

425-427 W 1st Ave, Spokane, WA 99201

Two-story building with office/reception rooms, kitchens, and rooftop deck, plus full unfinished basement.

Property Size1,380 SF
Days on Market494

Property Features for 425-427 W 1st Ave

General Information

Standard status Active
Size 1,380 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

full kitchen
conference room
rooftop deck
shared elevator access

Building Details

Stories 2
Listing Agency: Kiemle Hagood
Listed By: Dominic Dickerson
Source: Moodyscre
Added: Mar 25, 2025 Changed: Jul 25 Last Checked: Jul 30 at 1:47PM

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.

Historic Stewart building available for sale or lease, configured as a professional office/retail or live-work property. The building offers 4,222 square feet of above-grade space plus a full unfinished basement.

The main floor includes a reception area, four private offices, an open work area, a full kitchen, and two restrooms (one with a shower). The second floor features a reception area, two private offices, a spacious conference room, a full kitchen, and a full bathroom with a shower, along with access to a rooftop deck with a pergola.

Shared elevator access via the adjacent building supports ADA accessibility and convenience for occupants. Owner financing potential is noted in the listing remarks.

Key Highlights

  • Professional office/retail or live/work building in downtown Spokane at 425–427 W. 1st Ave
  • 4,222 SF above‑grade plus a full unfinished basement for storage or future build‑out
  • Main floor offers 2,842 SF with reception, 4 private offices, open work area, full kitchen, and 2 restrooms (1 with shower)

Property Analytics

Current Use

Office buildings

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

NNN (Triple Net)
Lease Type
$1.95 /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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-story building with office/reception rooms, kitchens, and rooftop deck, plus full unfinished basement.
Where is this office building located?
The property is located at 425-427 W 1st Ave Spokane, WA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Professional office/retail or live/work building in downtown Spokane at 425–427 W. 1st Ave; 4,222 SF above‑grade plus a full unfinished basement for storage or future build‑out; Main floor offers 2,842 SF with reception, 4 private offices, open work area, full kitchen, and 2 restrooms (1 with shower)
(509) 998-8162 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message