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    164 Washington St Spokane, WA 99201

    Sponsored
    For Lease
    $13 SF/Yr

    Downtown Spokane Retail/Office Opportunity

    Lot size:
    867 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 164 S Washington St in Spokane, WA 99201, offers 867 square feet of versatile space, currently with 743 square feet vacant and available March 1st, 2023. The property is categorized as both retail and office, suitable for a storefront or traditional business model. The space features a convenient 10-foot roll-up door ideal for loading and unloading, providing excellent accessibility for various business types. A private bathroom is included, adding to the convenience and privacy of the space. The flexible layout allows for use as retail, office, or even light warehouse space, making it an adaptable option for a range of businesses. The property is part of a multi-tenant building and benefits from ample free parking and 24-hour access. The lease is a triple net (NNN) lease with a monthly rent of approximately $381. This prime downtown Spokane location offers high visibility and easy access to major transportation routes, making it an attractive opportunity for businesses seeking a well-located and functional space. The Spokane County address ensures a central location within the city. This property presents a unique chance to establish or expand your business in a thriving urban environment.

    Property Features for 164 Washington St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    867 SF

    Unit(s) available at that property

    Space
    Suite 700
    Size
    867 SF
    Rate per SF
    $13

    HighLights

    • 867 SF retail/office space available March 1, 2023 in downtown Spokane.
    • Triple Net (NNN) lease at approximately $381/month.
    • Features a 10' roll‑up door, private bathroom, and ample free parking.
    • 24‑hour access.
    • Suitable for retail, office, or light warehouse use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Proline Audio-Visual Audio Visual Equipment Supplier Big City Art ... Art Gallery Diamond Parking Parking Lot This & That Esthetics Waxing Hair Removal Service 164 S Washington ... Parking Lot

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Law Firm Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4184601
    Latitude
    47.655297

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Spokane Retail/Office Opportunity
    Where is this individual retail property located?
    The property is located at 164 Washington St Spokane, WA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 867 SF retail/office space available March 1, 2023 in downtown Spokane.; Triple Net (NNN) lease at approximately $381/month.; Features a 10' roll-up door, private bathroom, and ample free parking.
    Request Owner's contact information
    164 Washington St Spokane, WA 99201
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    Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    164 Washington St Spokane, WA 99201
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