117 Pacific Ave Spokane, WA 99201-3664
This exceptional 7,100 square foot commercial property, located at 117 W. Pacific Ave in Spokane County, offers a unique blend of retail and office space. The building, zoned DTG (City of Spokane), features two stories and sits on a 3,550 square foot lot (APN: 35191.0706). Currently fully vacant, the space is divisible into units ranging from 3,500 to 3,550 contiguous square feet, making it ideal for multiple tenants or a single large occupant. The property boasts attractive architectural features, seamlessly blending historic and contemporary design elements. The ground floor features large storefront windows perfect for retail, while the second floor offers professional office space with an outdoor patio area. High ceilings, exposed brick, and a recently completed remodel contribute to a move-in ready condition. The building's appealing facade and convenient surface parking nearby add to its desirability. This is a clean deal, suitable for both users and investors seeking a prime location in downtown Spokane. The main floor is designed for retail businesses with large storefront windows, while the second floor provides office space accessible via a separate ground floor entrance. Both floors are designed to accommodate diverse business needs.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.