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.

2166 N Hamilton St

2166 N Hamilton St, Logan, Spokane, WA
Property

Retail

1,350 SF
Year Built

1923
For Sale

$350,000
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1730 W Broadway Ave

1730 W Broadway Ave, West Central Spokane, Spokane, WA
Property

Office

6,219 SF
Availability

1 Space

6,219 SF
Year Built

1916
For Lease

$5,000.00/MO
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410 E Holland Ave

410 E Holland Ave, Nevada - Lidgerwood, Spokane, WA
Property

Retail

12,168 SF
Availability

1 Space

1,359 SF
Year Built

2004
For Lease

$19.00/SF/YR
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Spokane Technology Center

120 N Pine St, East Central Spokane, Spokane, WA
Property

Office

39,080 SF
Year Built

2005
For Sale Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
1306 N Monroe Street & 1315 N Lincoln

1306 N Monroe St, Emerson - Garfield, Spokane, WA
Property

Multi-Family

30,000 SF
For Sale Contact for pricing
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4209 East Pacific Avenue

4209 East Pacific Avenue, East Central Spokane, Spokane, WA
Property

Office

12,003 SF
Availability

1 Space

11,435 SF
Year Built

1953
For Lease

$10.00/SF/YR
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3527 E Sprague Ave

3527 E Sprague Ave, East Central Spokane, Spokane, WA
Property

Retail

22,437 SF
Availability

2 Spaces

2,970 SF
Year Built

1970
For Lease

$1,500.00/MO
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1515 S Technology Blvd

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

VacantLand

5.24 Acre
For Sale Contact for pricing
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1403 N Division

1403 N Division, Emerson - Garfield, Spokane, WA
Property

Retail

8,880 SF
Availability

1 Space

3,264 SF
Year Built

1986
For Lease Contact for pricing
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Studio 24

221 W Riverside Ave, Riverside, Spokane, WA
Property

Retail

16,000 SF
Availability

3 Spaces

6,592 SF
Year Built

1896
For Lease Contact for pricing
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518 W Riverside Ave

518 W Riverside Ave, Riverside, Spokane, WA
Property

Retail

14,366 SF
Availability

1 Space

1,000 SF
Year Built

1890
For Lease Contact for pricing
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3702 S Grand Blvd

3702 S Grand Blvd, Comstock, Spokane, WA
Property

VacantLand
Availability

1 Space

25,500 SF
For Lease Contact for pricing
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2323 N Ash Street

2323 N Ash Street, Emerson - Garfield, Spokane, WA
Property

Retail

2,992 SF
Availability

1 Space

1,045 SF
Year Built

2001
For Lease

$1,400.00/MO
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Sunset Business Park

7525 W Sunset Hwy, West Meadows, Spokane, WA
Property

VacantLand

48.75 Acre
For Sale

$2,336,000
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1515 S Technology Blvd

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

VacantLand

14.48 Acre
For Sale Contact for pricing
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Sunset Hwy & Geiger

5221 - 5119 W Sunset Hwy, West Hills, Spokane, WA
Property

Retail

3,376 SF
For Sale

$1,100,000
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Washington Medical Building

507 S Washington St, Cliff - Cannon, Spokane, WA
Property

Office

20,156 SF
Year Built

1953
For Sale

$2,550,000
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Riverpoint One

501 Riverpoint Blvd, Washington State University, Spokane, WA
Property

Office

70,856 SF
For Sale

$13,000,000
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126 S Sheridan St

126 S Sheridan St, East Central Spokane, Spokane, WA
Property

Industrial

39,202 SF
Availability

1 Space

2,500 SF
Year Built

1935
For Lease

$3,600.00/MO
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3900 & 3920 East Alki Avenue

3900 East Alki Avenue, East Central Spokane, Spokane, WA
Property

Industrial

39,337 SF
Availability

1 Space

26,155 SF
Year Built

1980
For Lease

$9.12/SF/YR
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924 - 930 W 2nd Ave

924 - 930 W 2nd Ave, Riverside, Spokane, WA
Property

Office

10,629 SF
Availability

2 Spaces

10,629 SF
Year Built

1988
For Lease

$10.00/SF/YR
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3724 E. Bismark Avenue

3724 E. Bismark Avenue, Hillyard, Spokane, WA
Property

VacantLand
For Sale

$175,000
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7404 N Division Street

7404 N Division St, Nevada - Lidgerwood, Spokane, WA
Property

VacantLand

8,500 SF
Availability

1 Space

33,541 SF
For Lease Contact for pricing
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1903 N Ash St

1903 N Ash St, Emerson - Garfield, Spokane, WA
Property

Office

1,680 SF
Availability

1 Space

1,680 SF
Year Built

1980
For Lease

$14.29/SF/YR
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2100 N Hamilton St

2100 N Hamilton St, Logan, Spokane, WA
Property

VacantLand

9,677 SF
Availability

1 Space

8,550 SF
For Lease Contact for pricing
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1718 W Wellesley Avenue

1718 W Wellesley Avenue, Northwest Spokane, Spokane, WA
Property

VacantLand

39,104 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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1711 N Division Street

1711 N Division Street, Emerson - Garfield, Spokane, WA
Property

Retail

4,920 SF
Availability

1 Space

4,920 SF
For Lease

$4,250.00/SF/MO
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1522 N Washington Street

1522 N Washington Street, Emerson - Garfield, Spokane, WA
Property

Office

16,594 SF
Availability

3 Spaces

3,533 SF
Year Built

1957
For Lease Contact for pricing
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6012 W. Garden Springs Rd

6012 W. Garden Springs Rd, West Meadows, Spokane, WA
Property

VacantLand

4.23 Acre
For Sale

$295,000
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10614 W 59th Avenue

10614 W 59th Avenue, West Meadows, Spokane, WA
Property

VacantLand
For Sale

$1,177,890
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603 West 3rd Avenue

603 West 3rd Avenue, Riverside, Spokane, WA
Property

Retail

6,018 SF
Availability

1 Space

1,687 SF
For Lease

$24.00/SF/YR
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400 South Thor Street

400 South Thor Street, East Central Spokane, Spokane, WA
Property

Retail

110,000 SF
Availability

1 Space

1,078 SF
Year Built

2001
For Lease

$44.53/SF/YR
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2715 E 31st Ave

2715 E 31st Ave, Lincoln Heights, Spokane, WA
Property

Office

2,040 SF
Year Built

1993
For Sale

$364,500
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3707 S Grand Boulevard

3707 S Grand Blvd, Comstock, Spokane, WA
Property

Office

9,775 SF
Availability

3 Spaces

8,100 SF
Year Built

2010
For Lease

$8.00 - $26.00/SF/YR
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Global Building

204 N Division St, East Central Spokane, Spokane, WA
Property

Office

28,689 SF
For Sale Contact for pricing
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217 N Napa St

217 N Napa St, East Central Spokane, Spokane, WA
Property

Industrial

3,960 SF
For Sale

$575,000
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6302 N Division Street

6302 N Division Street, Nevada - Lidgerwood, Spokane, WA
Property

Retail

12,000 SF
Availability

4 Spaces

10,600 SF
Year Built

1992
For Lease

$27.50/SF/YR
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6821 N Division St

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

Retail

4,200 SF
Availability

1 Space

4,200 SF
Year Built

1949
For Lease Contact for pricing
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2023 E Wellesley Avenue

2023 E Wellesley Avenue, Whitman, Spokane, WA
Property

VacantLand

1,216 SF
Availability

1 Space

11,475 SF
For Lease Contact for pricing
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1515 S Technology Blvd

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

VacantLand

1.84 Acre
For Sale Contact for pricing
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2715 E 31st Ave

2715 E 31st Ave, Lincoln Heights, Spokane, WA
Property

Office

2,850 SF
Availability

1 Space

2,040 SF
Year Built

1993
For Lease

$2,500.00/MO
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618 W Riverside Avenue

618 W Riverside Avenue, Riverside, Spokane, WA
Property

Office

62,443 SF
Availability

7 Spaces

29,035 SF
For Lease

$22.00/SF/YR
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1821 W 5th Avenue

1821 W 5th Ave, Riverside, Spokane, WA
Property

Office

12,488 SF
Availability

2 Spaces

6,748 SF
Year Built

1954
For Lease

$9.60 - $12.00/SF/MO
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1229 W 1st Ave

1229 W 1st Ave, Riverside, Spokane, WA
Property

Office

15,570 SF
Availability

2 Spaces

6,064 SF
Year Built

1926
For Lease Contact for pricing
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North Nevada Center - Albertsons

6520 North Nevada Street, Nevada - Lidgerwood, Spokane, WA
Property

Retail

57,950 SF
Availability

1 Space

435 SF
Year Built

2003
For Lease Contact for pricing
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1027 N Elm Street

1027 N Elm Street, West Central Spokane, Spokane, WA
Property

Multi-Family

1,820 SF
Year Built

1995
For Sale

$379,000
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806 E 2nd Avenue

806 E 2nd Avenue, East Central Spokane, Spokane, WA
Property

Industrial

8,471 SF
Availability

1 Space

8,471 SF
For Lease

$14.00/SF/YR
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1515 S Technology Blvd

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

VacantLand

13.19 Acre
For Sale Contact for pricing
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5505 S Regal Street

5505 S Regal Street, Moran Prairie, Spokane, WA
Property

Retail

35,040 SF
For Sale

$7,500,000
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Moran Prairie Shopping Center

3203 - 3223 E 57th Ave, Moran Prairie, Spokane, WA
Property

Retail

15,728 SF
Year Built

2004
For Sale

$5,450,000
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111 W North River Drive

111 W North River Drive, Riverside, Spokane, WA
Property

Office

32,410 SF
Availability

1 Space

2,512 SF
For Lease

$25.00/SF/YR
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1730 W Broadway Ave

1730 W Broadway Ave, West Central Spokane, Spokane, WA
Property

Office

6,219 SF
Year Built

1916
For Sale

$700,000
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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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