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    627 Sprague Ave Spokane, WA 99202

    Sponsored
    For Lease
    Contact for pricing

    Prime Spokane Office Space Available

    Lot size:
    35,311 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story Class B office building, located at 627 E Sprague Ave in Spokane, WA, offers a unique opportunity for businesses seeking flexible and spacious executive office space. The property boasts a total of 35,311 square feet, with a significant 28,800 square feet currently vacant and immediately available for lease. Units can be leased in sizes ranging from a minimum of 5,000 square feet up to the entire 28,800 contiguous square feet. Built in 1954 and situated on a generous 1.5-acre lot, the building provides ample parking with 144 spaces for tenants and their guests. The property is zoned GC and is located in Spokane County, WA, zip code 99202. This prime location offers excellent visibility and accessibility. The building's multiple tenancy structure allows for a diverse range of business configurations. This is an ideal opportunity for a company seeking a prominent presence in Spokane's thriving business community. The substantial vacant space presents a rare chance to customize the office environment to perfectly suit your specific needs and operational requirements. Don't miss this chance to secure a highly desirable office space in a well-established location.

    Property Features for 627 Sprague Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,311 SF
    Class
    B

    Building Details

    Year Built
    1954
    Stories
    2

    Unit(s) available at that property

    Space
    Available
    Size
    28,800 SF

    HighLights

    • 28,800 SF of immediately available office space, divisible to 5,000 SF units.
    • Building can be opened up to combine all available spaces.
    • Facade improvements underway.
    • 144 parking spaces (80 underground, 40 surface).
    • Tenant improvement allowance available.
    • Excellent location with easy access to I‑90 and the U‑District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Employment Screening Services, ... Employment Agency American Directions Research ... Market Researcher Togiveagift Advertising Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4009521
    Latitude
    47.6577835

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Spokane Office Space Available
    Where is this office property / space located?
    The property is located at 627 Sprague Ave Spokane, WA.
    What are key features of this property?
    This property features: 28,800 SF of immediately available office space, divisible to 5,000 SF units.; Building can be opened up to combine all available spaces.; Facade improvements underway.
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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
    627 Sprague Ave Spokane, WA 99202
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