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Commercial Land with River Views

602 Monroe, Spokane, WA 99201

For Sale
$7,999,999

The site supports hotel, condominium, multifamily, retail, and mixed-use development under current city building standards.

Property Size24,396 SF
Price / SF$327.92
Days on Market8

Property Features for 602 Monroe

General Information

Standard status Active
Size 24,396 SF
Property subtype Commercial

Site & Location

Neighborhood Riverside

Amenities

Garage Spaces: 0

Building Details

Year Built 1907
Listing Agency: G. Arger Company
Listed By: Gene Arger · License #87101
Source: Clearwaterproperties
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 7 at 4:44PM

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 G. Arger Company

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering is located at 602 Monroe in Spokane. The site has views of Spokane River Falls and the downtown skyline, and current city building standards permit unlimited height.

Riverfront Park, River Park Square, shopping, dining, and entertainment and event venues are within walking distance. The stated development possibilities include hotels, condominiums, multifamily, retail, and mixed-use projects.

Key Highlights

  • Views of Spokane River Falls and the downtown skyline
  • Current city building standards permit unlimited height
  • Hotel, condominium, multifamily, retail, and mixed‑use development possibilities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Fish Market 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.

Location Intelligence

Trade Area within ½ mile

5,588
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

Properties on Market for Commercial land in Spokane

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - The site supports hotel, condominium, multifamily, retail, and mixed-use development under current city building standards.
Where is this commercial land located?
The property is located at 602 Monroe Spokane, WA.
What is the asking price?
The asking price for this property is $7,999,999.
What are key features of this property?
This property features: Views of Spokane River Falls and the downtown skyline; Current city building standards permit unlimited height; Hotel, condominium, multifamily, retail, and mixed‑use development possibilities
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