For Lease
$13.50/SF/YR

221 1St Ave Spokane, WA 99201

Historic building, prime location, 5,960 sq ft available

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property at 221 W 1st Ave in Spokane, WA, presents a unique investment opportunity. Located in Spokane County, this historic building, constructed in 1891, offers a blend of character and modern convenience. Currently classified as Class B, the property is zoned for both office and restaurant use, making it highly versatile. The building features a total of 5,960 square feet of vacant space, ideal for a variety of businesses. One immediately available space totals 1,700 square feet. Situated in the desirable downtown periphery, this location provides easy access to the Spokane Intermodal Facility and offers secure access to the third-floor office space. A key feature is the fantastic balcony views overlooking the city, providing a unique and attractive workspace. The property's multiple tenancy allows for flexibility and potential for diverse income streams. The zip code is 99201. This is a rare chance to acquire a well-situated, historic property with significant potential in a thriving urban environment. The property's professional subtype suggests suitability for a range of businesses seeking a prestigious address. Further details are available upon request.

Highlights

  • Historic 1891 building, 5,960 SF total vacant space, including one 1,700 SF unit.
  • $13.50 PSF full-service rent (includes 12.84% city excise tax).
  • Secure building access.
  • Employee break room/lounge.
  • ADA accessible with showers and lockers.
  • Balcony with beautiful downtown views.

Property Details for 221 1St Ave

Property type
Restaurants, Office properties
RSF (Rentable sq. ft)
1,700 SF
Class
B
Year Built
1891

Unit(s) available at that property

Space
1st Floor Retail
Size
1,700 SF
Rate per SF
$13.50

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.656366
Longitude
-117.4154455

FAQs

What type of property is this?
Restaurant - Historic building, prime location, 5,960 sq ft available
Where is the restaurant located?
The property is located at 221 1St Ave Spokane, WA.
What is the lease rate?
The lease rate is $13.50/SF/YR.
What are key features of this property?
This property features: Historic 1891 building, 5,960 SF total vacant space, including one 1,700 SF unit.; $13.50 PSF full-service rent (includes 12.84% city excise tax).; Secure building access.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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221 1St Ave
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