Spokane, WA Commercial Real Estate for Lease and Sale

Explore 366 listings of Spokane commercial real estate to find the best space for your business.

2620-2640 E 29th Avenue

2620-2640 E 29th Avenue, Lincoln Heights, Spokane, WA
Property

Retail

14,525 SF
Availability

2 Spaces

2,418 SF
Year Built

1978
For Lease

$24.00 - $26.00/SF/YR
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Cornerstone Office Park

1111 E Westview CT, Nevada - Lidgerwood, Spokane, WA
Property

Office

13,985 SF
Availability

1 Space

1,635 SF
Year Built

1995
For Lease

$2,514.00/MO
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3609 N Division Street

3609 N Division Street, North Hill, Spokane, WA
Property

Retail

9,190 SF
Availability

1 Space

4,221 SF
For Lease Contact for pricing
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Northpointe Plaza

9956 North Newport Hwy, Nevada - Lidgerwood, Spokane, WA
Property

Retail

351,216 SF
Availability

7 Spaces

59,194 SF
Year Built

1990
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
2009 E 29th Ave

2009 E 29th Ave, Rockwood, Spokane, WA
Property

Retail

1,340 SF
For Sale

$155,000
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4107 S Regal St

4107 S. Regal St, Southgate, Spokane, WA
Property

VacantLand

101,495 SF
Availability

1 Space

101,494 SF
For Lease Contact for pricing
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1315 N Wall Street

1315 N Wall Street, Emerson - Garfield, Spokane, WA
Property

VacantLand
Availability

1 Space

3,266 SF
For Lease Contact for pricing
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

2.47 Acre
For Sale Contact for pricing
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The Cook Building

811 W 2nd Ave, Riverside, Spokane, WA
Property

Office

22,400 SF
Availability

5 Spaces

8,385 SF
For Lease

$11.76 - $21.31/SF/YR
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421 North Freya Street

421 North Freya Street, East Central Spokane, Spokane, WA
Property

Industrial

48,932 SF
Availability

1 Space

44,200 SF
Year Built

1950
For Lease

$0.60/SF/MO
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6821 N Division St

6821 N Division St, Nevada - Lidgerwood, Spokane, WA
Property

Retail

4,200 SF
Year Built

1949
For Sale Contact for pricing
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City View Plaza

327 W 8th Avenue, Cliff - Cannon, Spokane, WA
Property

Office

14,400 SF
Availability

4 Spaces

4,063 SF
Year Built

1964
For Lease Contact for pricing
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Franklin Park Commons

5628 North Division Street, Nevada - Lidgerwood, Spokane, WA
Property

Retail

123,288 SF
Availability

2 Spaces

9,790 SF
Year Built

1979
For Lease Contact for pricing
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7503 N Division Street, Suite B

7503 N Division Street, Suite B, Nevada - Lidgerwood, Spokane, WA
Property

Retail

23,976 SF
Availability

1 Space

1,000 SF
Year Built

1963
For Lease

$11.00/SF/YR
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2620 - 2630 W Sunset Blvd

2620 - 2630 W Sunset Blvd, Latah Valley, Spokane, WA
Property

VacantLand

25,500 SF
For Sale

$255,000
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Sherman Medical Plaza

324 S Sherman St, East Central Spokane, Spokane, WA
Property

Office

21,895 SF
Year Built

1985
For Sale

$8,600,000
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Monroe Court

901 N Monroe St, West Central Spokane, Spokane, WA
Property

Office

80,075 SF
Year Built

1952
For Sale

$13,500,000
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601 W Maxwell Ave

601 W Maxwell Ave, Emerson - Garfield, Spokane, WA
Property

Retail

5,024 SF
Availability

1 Space

1,100 SF
Year Built

1950
For Lease

$1,100.00/MO
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Broadway Professional Building

921 W Broadway Ave, Riverside, Spokane, WA
Property

Office

11,859 SF
Availability

2 Spaces

672 SF
For Lease

$600.00 - $1,000.00/MO
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Josef Center

152 S Washington St, Riverside, Spokane, WA
Property

Retail

5,015 SF
Availability

1 Space

867 SF
For Lease

$1,000.00/MO
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1002 E Wellesley Ave

1002 E Wellesley Ave, Nevada - Lidgerwood, Spokane, WA
Property

Retail

1,697 SF
Year Built

2007
For Sale

$1,600,000
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

150 Acre
Availability

17 Spaces

156.3 Acre
For Lease Contact for pricing
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

48.28 Acre
For Sale Contact for pricing
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7102 W Sunset Hwy

7102 W Sunset Hwy, West Meadows, Spokane, WA
Property

VacantLand

8.11 Acre
For Sale

$1,590,000
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Freeway Land - Parcel B: 25334.6001

3809 S. Geiger Boulevard, West Meadows, Spokane, WA
Property

VacantLand

215,000 SF
For Sale

$5/SF
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3906 N Nevada Street

3906 N Nevada Street, Nevada - Lidgerwood, Spokane, WA
Property

Retail

1,187 SF
Availability

1 Space

1,187 SF
For Lease

$15.00/SF/YR
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3625 E Sprague Avenue

3625 E Sprague Avenue, East Central Spokane, Spokane, WA
Property

Office

3,552 SF
Availability

1 Space

1,725 SF
Year Built

1968
For Lease

$12.00/SF/MO
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2026 N Washington St

2026 N Washington St, Emerson - Garfield, Spokane, WA
Property

Office

3,558 SF
Year Built

1908
For Sale

$425,000
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Chinese Gardens

5207 E Trent Ave, Chief Garry Park, Spokane, WA
Property

Retail

6,952 SF
Availability

1 Space

6,952 SF
Year Built

1945
For Lease

$13.00/SF/YR
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

48.28 Acre
For Sale Contact for pricing
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225 E 3rd Ave

225 E 3rd Ave, East Central Spokane, Spokane, WA
Property

Retail

6,999 SF
Availability

1 Space

2,300 SF
Year Built

1978
For Lease

$14.00/SF/YR
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6208 N Colton

6208 N Colton, Nevada - Lidgerwood, Spokane, WA
Property

Office

3,000 SF
Availability

1 Space

3,000 SF
Year Built

2002
For Lease

$22.00/SF/YR
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Bennett Block

530 W Main Ave, Riverside, Spokane, WA
Property

Office

33,400 SF
Availability

1 Space

50 SF
For Lease

$400.00/MO
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1811 E Holyoke Avenue

1811 E Holyoke Avenue, Nevada - Lidgerwood, Spokane, WA
Property

Industrial

10,000 SF
Availability

1 Space

1,250 SF
For Lease

$1,250.00/MO
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9641 N Nevada St

9641 N Nevada St, Nevada - Lidgerwood, Spokane, WA
Property

VacantLand

0.77 Acre
For Sale

$459,000
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Boone Ave

Boone Ave, West Central Spokane, Spokane, WA
Property

VacantLand

0.39 Acre
Year Built

1899
For Sale

$755,000
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Kaiser Permanente

5615 W Sunset Hwy, West Hills, Spokane, WA
Property

Office

57,750 SF
For Sale

$9,250,000
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

1.91 Acre
For Sale Contact for pricing
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Maxwell Apartments

2623 W Maxwell Ave, West Central Spokane, Spokane, WA
Property

Multi-Family

9,683 SF
For Sale

$815,000
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7011 N Division Street

7011 N Division St, Nevada - Lidgerwood, Spokane, WA
Property

Retail

3,960 SF
Availability

1 Space

1,653 SF
For Lease

$2,800.00/MO
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McCauley Hall

705 West 7th Avenue, Cliff - Cannon, Spokane, WA
Property

Office

13,562 SF
Availability

1 Space

1,782 SF
For Lease

$21.99/SF/YR
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University District 2 Acre Redevelopment Site

115 E Pacific Ave & 112 E 1st Ave, East Central Spokane, Spokane, WA
Property

Office

42,098 SF
Year Built

1972
For Sale

$6,700,000
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518 W Riverside Ave

518 W Riverside Ave, Riverside, Spokane, WA
Property

Retail

14,366 SF
Year Built

1890
For Sale

$2,950,000
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Manito Shopping Center

802 E. 29th Ave., Comstock, Spokane, WA
Property

Retail

126,867 SF
Availability

1 Space

5,000 SF
Year Built

1969
For Lease

$2,500.00/MO
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Premera Blue Cross

3900 E Sprague Ave, East Central Spokane, Spokane, WA
Property

Office

103,000 SF
For Sale

$9,995,000
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South Hill Corner Lot

3102 - 3108 E 29th Ave, Lincoln Heights, Spokane, WA
Property

VacantLand

0.28 Acre
For Sale

$649,000
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309 West 2nd Avenue
Burbity Workspaces
309 West 2nd Avenue #200, Spokane, WA
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

High-speed internet

High-speed wifi

Office furniture

TV/Monitor

White boards
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

5.52 SF
For Sale Contact for pricing
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

3.43 Acre
For Sale Contact for pricing
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4000 N Division Street

4000 N Division St, Nevada - Lidgerwood, Spokane, WA
Property

VacantLand

56,787 SF
Availability

1 Space

56,787 SF
For Lease Contact for pricing
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NorthTown Mall

4750 North Division Street, Nevada - Lidgerwood, Spokane, WA
Property

Retail

1,211,266 SF
Availability

28 Spaces

60,095 SF
Year Built

1991
For Lease Contact for pricing
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2121 E Broadway Ave

2121 E Broadway Ave, Chief Garry Park, Spokane, WA
Property

VacantLand

39,600 SF
For Sale

$600,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Spokane commercial real estate market incorporates 5,954,781 square feet of office space across 124 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Spokane, the coworking segment of the commercial real estate market incorporates about 926 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Spokane commercial real estate market includes 3,606,622 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Spokane market, there is a total of 862,258 square feet of industrial property.

The listing inventory in Spokane incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Spokane is represented by Office space, which accounts for 1,278,254 square feet of available listings. Retail space available in Spokane adds up to 741,088 square feet.

Meanwhile, most of the listings of commercial property for sale in Spokane are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Spokane is $18.25 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Spokane can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $21.97 per square foot, industrial space in Spokane saw average rents of $9.93 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Spokane, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Spokane is in the Riverside neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Riverside area.

Meanwhile, retail space opportunities are most abundant in the Nevada - Lidgerwood submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Hillyard.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $50 per square foot. In particular, the property type commanding the highest lease rates in Spokane was Office space.

Conversely, the highest sale price last year was $48,500,000 that is located at 400 East 5th Avenue.

The average size of a commercial property in Spokane depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Spokane, the average size of an office property is 50,041 square feet.
Retail properties here incorporate an average of 36,803 square feet.
Industrial space in Spokane is in buildings that are, on average 22,110 square feet in size.

Spokane, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Spokane currently add up to 12,591,370 square feet. The market offers 98 active office listing(s), which amount to 1,284,247 square feet and account for 41% of commercial spaces on the market. Local retail availability includes 732,035 square feet across 83 retail space(s). Industrial space for rent opportunities in Spokane amount to 653,160 square feet across a total of 26 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	98	1,284,247
Retail	83	732,035
Industrial	26	653,160
Other	32	9,921,928

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Spokane, WA. Currently, there is 2,065,506 square feet of commercial property for sale here , which includes 24 office building(s) for sale , 30 retail investment opportunity listing(s) , and 13 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	24	811,818
Retail	30	244,710
Industrial	13	214,434
Other	61	794,544

Spokane, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Spokane, WA?

What factors affect the price of commercial real estate in Spokane, WA?

What is the average rent for commercial space in Spokane, WA?

What are the best areas for commercial real estate in Spokane, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Spokane, WA?

Spokane, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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