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    601 1St Ave Spokane, WA 99201

    For Lease
    $11 SF/Yr ($11,400 /Mo)

    Prime Spokane office suites, flexible options.

    Lot size:
    11,753 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Class A Spokane office building, located at 601 W 1st Avenue, Suite 1400, Spokane, WA 99201, offers a variety of flexible workspace solutions. The 11,753 square foot building features 350 suites, with 5,970 square feet currently vacant. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building underwent renovations in 2019 and includes elevators for convenient access. Available options include private, fully furnished executive offices, coworking spaces, and meeting rooms, all tailored to individual needs. Whether you require a single desk or space for an entire company, customizable solutions are available. Additional services such as virtual office options with mail handling and virtual assistant support are also offered. This property is situated in Spokane County and provides a professional and inspiring work environment. The building's location offers convenient access to various amenities and transportation options. This is an exceptional opportunity to secure premium office space in a thriving Spokane location.

    Property Features for 601 1St Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,753 SF
    Class
    A
    Total Rate
    11400.41

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Virtual Office
    Size
    54 SF
    Rate per SF
    $45
    Space
    Flexible coworking membership
    Size
    108 SF
    Rate per SF
    $13
    Space
    Coworking space
    Size
    328 SF
    Rate per SF
    $11
    Space
    Flexible office membership
    Size
    108 SF
    Rate per SF
    $24
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $16
    Space
    Private office for 1 person
    Size
    538 SF
    Rate per SF
    $12
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Rate per SF
    $36
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $18

    HighLights

    • Class A Spokane office building at 601 W 1st Avenue, Suite 1400, Spokane, WA 99201.
    • 11,753 square foot building with 350 suites, 5,970 square feet currently vacant; units range from 10 to 1,300 contiguous square feet.
    • 2019 renovations; elevators included.
    • Offers private furnished executive suites, coworking spaces, and meeting rooms.
    • Provides virtual office options with mail handling and virtual assistant support.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MW Consulting Engineers Engineering Consultant James Bulthuis, Land ... Real Estate Attorney Critical Logic Inc Software Company ABS Cloud Software Company MLC CAD Systems Software Company

    Suggested Use

    Restaurant Dental Office Realty agency Hair Salon Spa & Massage Nail Salon Building Supply Clothing Store Daycare Center 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
    -117.4219999
    Latitude
    47.6564

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    FAQs

    What type of property is this?
    Office space - Prime Spokane office suites, flexible options.
    Where is this office space located?
    The property is located at 601 1St Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $11-$45 SF/Yr.
    What are key features of this property?
    This property features: Class A Spokane office building at 601 W 1st Avenue, Suite 1400, Spokane, WA 99201.; 11,753 square foot building with 350 suites, 5,970 square feet currently vacant; units range from 10 to 1,300 contiguous square feet.; 2019 renovations; elevators included.
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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
    601 1St Ave Spokane, WA 99201
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