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501 West 2nd Avenue
501 West 2nd Avenue, Spokane, WA 99201
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- 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
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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.
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
- 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.
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