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    518 Riverside Ave Spokane, WA 99201

    For Lease
    Contact for pricing

    Prime Spokane Office Suites Available

    Lot size:
    14,366 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional executive office space at 518 W Riverside Avenue in Spokane, Washington, offers a unique opportunity for businesses seeking flexible and modern workspace. Located in Spokane County (APN 35184.2408), this property boasts a total of 14,366 square feet, with 1,000 square feet currently vacant and immediately available for lease. The building accommodates multiple tenants, providing a collaborative and professional environment. Units are divisible down to a minimum of 100 square feet, allowing for customization to suit various business needs. The maximum contiguous space available is 1,000 square feet, ideal for smaller teams or expanding businesses. The property's address is 518 W Riverside Avenue, Spokane, WA 99201, offering convenient access to the city's amenities and transportation networks. This is a fantastic opportunity to secure a well-located, versatile office space in a thriving Spokane business district. The property is classified as an Executive Office, commercial, and is perfect for businesses seeking a prestigious address and flexible lease terms. Contact us today to schedule a viewing and discuss your specific requirements. This is a rare opportunity to secure office space in a highly desirable location.

    Property Features for 518 Riverside Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,366 SF

    Unit(s) available at that property

    Space
    Floor 1
    Size
    1,000 SF

    HighLights

    • Historic building in Downtown Spokane.
    • Four‑story building with high ceilings and skylights.
    • Features exposed brick and an Indaba Coffee shop on the ground floor.
    • Currently houses various office tenants; leases could be terminated for owner‑user.
    • Basement shower; Comcast fiber; adjacent to Parkade for convenient parking.
    • APN 35184.2408; Asking price: $2,950,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Indaba Coffee Coffee Shop Spokane Angel Alliance Investment Company PrintWithMe Print Kiosk ... Print Shop Bend & Sway Marketing Agency Gantry Commercial Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4205128
    Latitude
    47.6582737

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Spokane Office Suites Available
    Where is this office property / space located?
    The property is located at 518 Riverside Ave Spokane, WA.
    What are key features of this property?
    This property features: Historic building in Downtown Spokane.; Four-story building with high ceilings and skylights.; Features exposed brick and an Indaba Coffee shop on the ground floor.
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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
    518 Riverside Ave Spokane, WA 99201
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