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Renovated Retail/Office Building in Cheney
For Lease
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706 1st St, Cheney, WA 99004

7,084 SF retail/office building in downtown Cheney, WA.

Space Size900 SF - 2,000 SF
Property Size7,084 SF
Days on Market819

Property Features for 706 1st St

General Information

Standard status Active
Size 900 SF - 2,000 SF
Property subtype Retail

Building Details

Building Size 7,084 SF
Year Built 1954
Tenancy Multiple

Spaces For Lease

at 706 1st St Contact us

Suite 101

Size
2,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 102

Size
900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: SVN | Cornerstone
Listed By: Andrew Keef · License #23007080
Source: Crexi
Added: May 15, 2024 Changed: Aug 8 Last Checked: Aug 11 at 10:15AM

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 SVN | Cornerstone

Investment Insights

Based on property information with market context.

This 7,084 square foot retail/office building, fully renovated in July 2025, offers three suites for lease. Situated in downtown Cheney, Washington, at the high-visibility corner of 1st St and C St, the property features modern finishes and open layouts. The suites will be delivered in vanilla shell condition. The location is within walking distance of Eastern Washington University and various downtown Cheney amenities. It is suitable for retail, professional services, or office tenants. The property is located approximately 20 minutes from Downtown Spokane and Spokane International Airport.

Key Highlights

  • Fully renovated in July 2025 with modern finishes
  • High‑visibility corner location at 1st St and C St in downtown Cheney, WA
  • 7,084 SF retail/office building with three suites for lease

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Dental Office Auto Repair Shop Building Supply Auto Parts 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

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 99004, WA

23,064
Population
8,992
Households
2.6
Avg Household Size
29
Median Age
36%
College-Educated
93%
High-School Grad
334.3 sq mi
ZIP Area
69
Density / Sq Mi
$62,014
Median Household Income
$29,835
Median Earnings
$1,081
Median Rent
$368,500
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
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Frequently Asked Questions

What type of property is this?
Retail space - 7,084 SF retail/office building in downtown Cheney, WA.
Where is this retail space located?
The property is located at 706 1st St Cheney, WA.
What are key features of this property?
This property features: Fully renovated in July 2025 with modern finishes; High‑visibility corner location at 1st St and C St in downtown Cheney, WA; 7,084 SF retail/office building with three suites for lease
(509) 628-6678 Call to check price and availability
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