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Fernwell Building
Off-Market
505 West Riverside 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 50,256 SF
- Lot Size 0.21 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1891
False
Location
- City Spokane, WA
- Neighborhood Riverside
- Zip Code 99201
- Market Spokane
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
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.
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
Tax
- Base Tax $44,791
- Current Tax $35,344
- Market Value* $3,841,400
- Assessed Value $3,841,400
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 Fernwell Building?
Fernwell Building totals 50,256 square feet.
When was this property built?
Fernwell Building was built in 1891.
When was Fernwell Building last sold?
Fernwell Building was last sold on 02 Jan, 1992.
What is the market value for Fernwell Building?
The market value* for Fernwell Building in 2022 was $3,841,400.
*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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