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    601 1St Ave Spokane, WA 99201

    For Lease
    $24 SF/Yr

    Prime downtown Spokane office space, multiple floors available.

    Lot size:
    47,277 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional office space in the Washington Trust Bank Tower East, located at 601 W 1st Ave, Spokane, WA 99201, offers multiple floors for lease, totaling up to 12,066 rentable square feet. The building boasts a prime location on 1st Avenue in Spokane County, providing convenient access to I-90 and Spokane Transit Authority (STA) bus lines, ensuring easy commutes for employees. The property features adaptable floor layouts to suit various business needs, complemented by abundant natural light and city views. Enjoy the convenience of a new fitness center equipped with showers and lockers, along with shared conference rooms available for reservation. The building benefits from an efficient core design, including an updated lobby and private office thermostats for climate control. On-site property management ensures smooth operations. New long-term ownership is committed to ongoing capital improvements. Parking is readily available at a ratio of one stall per 1,000 square feet. The building's proximity to numerous high-quality retail and dining establishments adds to its appeal. This is a truly exceptional opportunity to secure prestigious office space in the heart of Spokane.

    Property Features for 601 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,277 SF

    Unit(s) available at that property

    Space
    6th Floor
    Size
    11,737 SF
    Rate per SF
    $24
    Space
    9th Floor
    Size
    11,737 SF
    Rate per SF
    $24
    Space
    7th Floor
    Size
    11,737 SF
    Rate per SF
    $24
    Space
    17th Floor
    Size
    12,066 SF
    Rate per SF
    $28

    HighLights

    • Long‑term ownership committed to building improvements.
    • Flexible floor plans.
    • New fitness center with showers and lockers.
    • City views and abundant natural light.
    • Modern lobby and efficient building core.
    • On‑site property management team.
    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
    -117.4215296
    Latitude
    47.6561642

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    FAQs

    What type of property is this?
    Office Property / Space - Prime downtown Spokane office space, multiple floors available.
    Where is this office property / space located?
    The property is located at 601 1St Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $24-$28 SF/Yr.
    What are key features of this property?
    This property features: Long-term ownership committed to building improvements.; Flexible floor plans.; New fitness center with showers and lockers.
    Request Owner's contact information
    601 1St Ave 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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