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601 W 1st Ave, Spokane, WA 99201

Adaptable office spaces with city views and convenient amenities.

Space Size11,737 SF - 12,066 SF
Property Size182,000 SF
Days on Market1516

Property Features for 601 W 1st Ave

General Information

Standard status Active
Size 11,737 SF - 12,066 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 182,000 SF
Year Built 1981
Tenancy Multiple

Spaces For Lease

at 601 W 1st Ave Contact us

17th Floor

Size
12,066 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

6th Floor

Size
11,737 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

7th Floor

Size
11,737 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Kiemle Hagood
Listed By: Carl Guenzel · License #WA
Source: Crexi
Added: Jun 28, 2022 Changed: Aug 17 Last Checked: Aug 19 at 2:14AM

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 Kiemle Hagood

Investment Insights

Based on property information with market context.

This commercial real estate offers adaptable floor layouts and city views with abundant natural light. New long-term ownership is committed to capital projects. The property features an efficient core design with an updated lobby and efficient building systems with private office thermostats. On-site property management is available. A new fitness center includes showers and lockers. Shared conference rooms are available for reservation. The location is commuter-friendly, with proximity to I-90 and STA bus lines. The property is situated in a prime location on 1st Avenue, close to numerous retail and dining options. Parking is available at a ratio of 1 stall per 1,000 square feet.

Key Highlights

  • Prime location on 1st Avenue
  • City views with abundant natural light
  • New fitness center with showers and lockers

Property Analytics

Current Use

MW Consulting Engineers Engineering Consultant James Bulthuis, Land ... Law Firm Critical Logic Inc (Bike/Boat/Book/etc) Store ABS Cloud (Bike/Boat/Book/etc) Store MLC CAD Systems (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Butcher

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,579
Businesses Nearby

Demographics for 99201, WA

15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Adaptable office spaces with city views and convenient amenities.
Where is this office building located?
The property is located at 601 W 1st Ave Spokane, WA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location on 1st Avenue; City views with abundant natural light; New fitness center with showers and lockers
(509) 838-6541 Call to check price and availability
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