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Three-Story Retail and Office Building
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525 W 2nd Ave, Spokane, WA 99201

Three-story building with elevator access and basement storage, zoned Downtown General (DTG).

Space Size5,605 SF
Lot Size0.16 Acres
Days on Market442

Property Features for 525 W 2nd Ave

General Information

Standard status Active
Size 5,605 SF
Lot size 0.16 Acres
Property subtype OFFICE
Zoning DTG
Lease Type NNN

Amenities

elevator access
basement storage

Building Details

Year Built 1978
Stories 3

Spaces For Lease

at 525 W 2nd Ave Contact us

Retail / Office Space $6/SF/Yr

Size
5,605 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Discover a versatile retail and office property offering endless potential in the...
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Listing Agency: Kiemle Hagood
Listed By: Christian Alfaro · License #24028715
Source: Moodyscre
Added: Jul 1, 2025 Changed: Aug 8 Last Checked: Sep 15 at 7:46AM

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.

This three-story retail and office building was built in 1978 and offers multiple levels suited for either office or retail operations. The property includes convenient elevator access and basement storage, providing practical functionality for day-to-day use. It sits on a 7,100 SF lot and totals approximately 16,659 SF.

Located at 525 W 2nd Ave in Spokane, the building is zoned DTG (Downtown General), supporting flexible downtown-oriented use. The adaptable floor layouts across the building make it well-suited for tenants seeking a mixed office and retail footprint within a single structure.

Key Highlights

  • Three‑story retail and office building totaling 16,659 SF, built in 1978
  • Zoned DTG (Downtown General) with flexible space for retail and office uses
  • 16,659 SF building on a 7,100 SF lot in downtown Spokane

Property Analytics

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Open Analytics

Current Use

Volunteers of America Eastern ... Social Service Agency Crosswalk Charitable Organization YouthREACH Charitable Organization

Suggested Use

Top Pick Locksmith Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon 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
$0.90 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Office building - Three-story building with elevator access and basement storage, zoned Downtown General (DTG).
Where is this office building located?
The property is located at 525 W 2nd Ave Spokane, WA.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Three‑story retail and office building totaling 16,659 SF, built in 1978; Zoned DTG (Downtown General) with flexible space for retail and office uses; 16,659 SF building on a 7,100 SF lot in downtown Spokane
(509) 755-7505 Call to check price and availability
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