Spokane, WA Commercial Real Estate for Lease and Sale

Explore 275 listings of Spokane commercial real estate for lease and for sale to find the best space for your business.

4219 & 4316 E Wellesley Ave

4219 & 4316 E Wellesley Ave, Hillyard, Spokane, WA
Property

VacantLand

1,228 SF
Availability

2 Spaces

157,172 SF
For Lease Contact for pricing
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1401 W Northwest Blvd

1401 W Northwest Blvd, Emerson - Garfield, Spokane, WA
Property

Office

1,717 SF
Year Built

1952
For Sale

$489,000
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220-226 E Francis Ave

220-226 E Francis Ave, Nevada - Lidgerwood, Spokane, WA
Property

Retail

5,775 SF
Availability

1 Space

2,695 SF
Year Built

1984
For Lease

$12.00/SF/YR
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1520 E Houston Ave

1520 E Houston Ave, Nevada - Lidgerwood, Spokane, WA
Property

Industrial

4,683 SF
Availability

1 Space

4,683 SF
Year Built

1974
For Lease

$3,500.00/MO
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Village Centre Cinemas

10117 W Sunset Hwy, West Meadows, Spokane, WA
Property

Retail

29,170 SF
Year Built

2009
For Sale

$5,995,000
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618 West Riverside Avenue

618 West Riverside Avenue, Riverside, Spokane, WA
Property

Office

40,798 SF
Availability

1 Space

2,293 SF
Year Built

2006
For Lease

$19.00 - $22.00/SF/YR
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10220 N Nevada St

10220 N Nevada St, Nevada - Lidgerwood, Spokane, WA
Property

Industrial

42,756 SF
Availability

1 Space

15,913 SF
Year Built

1985
For Lease

$12.00/SF/YR
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Rock Pointe Corporate Center - Rock Pointe Tower

316 West Boone Avenue, Emerson - Garfield, Spokane, WA
Property

Office

112,994 SF
Availability

6 Spaces

11,388 SF
Year Built

1990
For Lease

$15.50 - $21.50/SF/YR
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Garage Lodge - 15' x 50'

1551 S. Deer Heights Rd, West Meadows, Spokane, WA
Property

Industrial

750 SF
Availability

1 Space

750 SF
Year Built

2023
For Lease

$1,200.00/MO
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1401 W Northwest Blvd

1401 W Northwest Blvd, Emerson - Garfield, Spokane, WA
Property

Office

1,717 SF
Availability

1 Space

1,717 SF
Year Built

1952
For Lease

$2,500.00/MO
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Crescent Building

707 West Main Avenue, Riverside, Spokane, WA
Property

Office

274,391 SF
Availability

10 Spaces

65,605 SF
Year Built

1999
For Lease

$8.00 - $30.00/SF/YR
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140 South Arthur Street

140 South Arthur Street, East Central Spokane, Spokane, WA
Property

Office

40,292 SF
Availability

1 Space

1,877 SF
Year Built

1983
For Lease

$17.50/SF/YR
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1313 North Maple Street

1313 North Maple Street, West Central Spokane, Spokane, WA
Property

Office

48,135 SF
Availability

1 Space

16,456 SF
Year Built

1977
For Lease

$14.00/SF/YR
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Garage Lodge - 24' x 50'

1551 S. Deer Heights Rd, West Meadows, Spokane, WA
Property

Industrial

1,200 SF
Year Built

2023
For Sale

$209,900
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815 W Garland Ave

815 W Garland Ave, North Hill, Spokane, WA
Property

Retail

2,323 SF
Availability

1 Space

2,500 SF
Year Built

1911
For Lease

$15.00/SF/YR
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Regal Office Plaza

4102 South Regal Street, Southgate, Spokane, WA
Property

Office

31,928 SF
Availability

1 Space

2,325 SF
Year Built

2007
For Lease

$24.00/SF/YR
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9715 N Nevada Street

9715 N Nevada Street, Nevada - Lidgerwood, Spokane, WA
Property

Office

7,908 SF
Availability

1 Space

3,279 SF
Year Built

2000
For Lease

$18.00/SF/YR
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Garage Lodge - 15' x 50'

1551 S. Deer Heights Rd, West Meadows, Spokane, WA
Property

Industrial

750 SF
Year Built

2023
For Sale

$159,900
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2202 E Euclid Ave

2202 E Euclid Ave, Bemiss, Spokane, WA
Property

Retail

3,928 SF
For Sale

$600,000
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520 W Main Ave

520 W Main Ave, Riverside, Spokane, WA
Property

Retail

7,790 SF
Availability

1 Space

7,790 SF
Year Built

1891
For Lease

$12,000.00/MO
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Tapio Business Park

104 South Freya Street, East Central Spokane, Spokane, WA
Property

Office

98,752 SF
Availability

9 Spaces

17,145 SF
Year Built

1976
For Lease

$12.18 - $28.78/SF/YR
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Historic Schade Towers

528 E Spokane Falls Blvd, East Central Spokane, Spokane, WA
Property

Office

56,252 SF
Availability

4 Spaces

12,423 SF
Year Built

1908
For Lease

$14.50 - $24.00/SF/YR
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Wells Fargo Center

601 West 1st Avenue, Riverside, Spokane, WA
Property

Office

171,796 SF
Availability

2 Spaces

24,638 SF
Year Built

1981
For Lease

$24.00/SF/YR
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Riverwalk Plaza

1003 - 1007 E Trent Ave Ste 201, Logan, Spokane, WA
Property

Office

74,560 SF
Availability

1 Space

2,215 SF
Year Built

1915
For Lease

$3,460.00/MO
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Southgate Shopping Center

4508-4600 S Regal St, Southgate, Spokane, WA
Property

Retail

89,039 SF
Availability

1 Space

39,413 SF
For Lease Contact for pricing
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5807 W Thorpe Rd

5807 W Thorpe Rd, Grandview - Thorpe, Spokane, WA
Property

Industrial

33,500 SF
Availability

1 Space

33,500 SF
Year Built

2024
For Lease Contact for pricing
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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 5,372,027 square feet of office space across 113 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 2,985,652 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 720,248 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 1,170,388 square feet of available listings. Industrial space available in Spokane adds up to 586,372 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 $18.82 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 $21.9 per square foot, industrial space in Spokane saw average rents of $9.48 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 West Meadows.

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 $31 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 50,680 square feet.
Retail properties here incorporate an average of 38,278 square feet.
Industrial space in Spokane is in buildings that are, on average 23,234 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 120,649,288 square feet. The market offers 91 active office listing(s), which amount to 1,170,388 square feet and account for 48% of commercial spaces on the market. Local retail availability includes 528,028 square feet across 61 retail space(s). Industrial space for rent opportunities in Spokane amount to 586,372 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	91	1,170,388
Retail	61	528,028
Industrial	21	586,372
Other	14	118,364,500

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 1,651,647 square feet of commercial property for sale here , which includes 22 office building(s) for sale , 29 retail investment opportunity listing(s) , and 10 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	22	483,849
Retail	29	242,578
Industrial	10	198,777
Other	37	726,443

Spokane, WA Commercial Real Estate for Lease and Sale

4219 & 4316 E Wellesley Ave

1401 W Northwest Blvd

220-226 E Francis Ave

1520 E Houston Ave

Village Centre Cinemas

618 West Riverside Avenue

10220 N Nevada St

Rock Pointe Corporate Center - Rock Pointe Tower

Garage Lodge - 15' x 50'

1401 W Northwest Blvd

Crescent Building

140 South Arthur Street

1313 North Maple Street

Garage Lodge - 24' x 50'

815 W Garland Ave

Regal Office Plaza

9715 N Nevada Street

Garage Lodge - 15' x 50'

2202 E Euclid Ave

520 W Main Ave

Tapio Business Park

Historic Schade Towers

Wells Fargo Center

Riverwalk Plaza

Southgate Shopping Center

5807 W Thorpe Rd

Frequently Asked Questions

Spokane, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us