601 Riverside AveSpokane, WA 92201

Property Details for 601 Riverside Ave

Year built

2020

Lot size

2.79 AC

Property size (Sq ft)

138,840 SF

Property type

Office properties

Property subtype

Office buildings

APN

35173.1127

APU

351731127

Description

This exceptional 21-story building at 601 W Riverside Ave, Spokane, WA 99201, offers a diverse range of office spaces for lease. The property boasts a total of 300,000 square feet, with a significant 100,000 square feet currently vacant. Ideal for businesses of all sizes, the minimum leasable space is 800 square feet, while larger tenants can occupy up to 30,000 contiguous square feet. The building's versatile design caters to various office styles, including traditional, executive, and creative office spaces. In addition to office space, ground-level retail opportunities are also available. The building features ample parking with a ratio of 1.5 spaces per 1,000 square feet and convenient elevator access. This prime location in downtown Spokane provides excellent visibility and accessibility. The property is a single building with multiple tenancies, offering flexibility and a vibrant work environment. Don't miss this opportunity to secure your ideal office space in the heart of Spokane. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $24,105,512

  6.5%

  $22,251,242

  7%

  $20,661,868

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,602,076

  Geo Method

  $29,602,076

• Alternative Use

  Use

  Valuation

  Residential

  $27,591,540

  Hospitality

  $25,273,702

  Educational

  $21,027,424

  Medical

  $21,750,588

  Retail

  $32,709,326

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6585

Longitude

-117.402

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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