Contact Property

501 West 2nd Avenue


501 West 2nd Avenue, Spokane, WA 99201

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 209,115 SF
  • Lot Size 0.82 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1912


  • City Spokane, WA
  • Neighborhood Riverside
  • Zip Code 99201
  • Market Spokane


Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.


  • True Owner


Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free


Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.


  • Purchase Date 05 Sep, 2001
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Spokane

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
Recoverables Show detailsHide details
Management Fees
Total Rent
Unlock on CommercialEdge
Occupancy & Leasing Activity
Lease Spread
Unlock on CommercialEdge

Asking Rents in Spokane Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $20.16
  • 2020 Office Vacancy Rate 6.96%
  • 2020 Office Completions (SF) 159,000

Spokane Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $89.40
  • Y-o-Y Avg. PpSF Change 16.82%
  • 2020 Office Sales Volume $10.1M
  • 2020 Number of Transactions 3
View more Spokane market trends


  • Base Tax $150,596
  • Market Value* $12,915,430
  • Assessed Value $12,915,430

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 501 West 2nd Avenue?

501 West 2nd Avenue totals 209,115 square feet.

When was this property built?

501 West 2nd Avenue was built in 1912.

When was 501 West 2nd Avenue last sold?

501 West 2nd Avenue was last sold on 05 Sep, 2001.

What is the market value for 501 West 2nd Avenue?

The market value* for 501 West 2nd Avenue in 2022 was $12,915,430.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.