Spokane, WA Commercial Real Estate for Lease and Sale

Explore 266 listings of Spokane commercial real estate for lease and for sale to find the best space for your business.

901 East 2nd Avenue

901 East 2nd Avenue, East Central Spokane, Spokane, WA
Property

Office

28,768 SF
Availability

5 Spaces

8,742 SF
Year Built

1981
For Lease

$17.50/SF/YR
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904 North Columbus Street

904 North Columbus Street, Logan, Spokane, WA
Property

Industrial

37,643 SF
Availability

1 Space

37,643 SF
Year Built

1949
For Lease

$18,850.00/MO
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15007 East Trent Avenue

15007 East Trent Avenue, East Central Spokane, Spokane, WA
Property

Retail

10,622 SF
Availability

1 Space

1,100 SF
Year Built

1946
For Lease

$1,300.00/MO
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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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The Morris Center

12 North Sheridan Street, East Central Spokane, Spokane, WA
Property

Office

36,532 SF
Availability

2 Spaces

12,461 SF
Year Built

2020
For Lease Contact for pricing
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The OCH

221 N Wall Street, Riverside, Spokane, WA
Property

Office

112,000 SF
Availability

9 Spaces

47,541 SF
For Lease

$22.00 - $30.00/SF/YR
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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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2923 N Monroe St

2923 N Monroe St, Emerson - Garfield, Spokane, WA
Property

Retail

7,056 SF
Availability

1 Space

650 SF
Year Built

1962
For Lease

$18.00/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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801 N Monroe St

801 N Monroe St, West Central Spokane, Spokane, WA
Property

Retail

3,543 SF
Availability

1 Space

3,543 SF
Year Built

1973
For Lease

$5,500.00/MO
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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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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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US Bank Building

422 West Riverside Avenue, Riverside, Spokane, WA
Property

Office

180,698 SF
Availability

18 Spaces

45,052 SF
Year Built

1910
For Lease Contact for pricing
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Wonder Spokane

865 North Post Street, Riverside, Spokane, WA
Property

Office

112,513 SF
Availability

4 Spaces

40,290 SF
Year Built

2018
For Lease Contact for pricing
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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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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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323 East 2nd Avenue

323 East 2nd Avenue, East Central Spokane, Spokane, WA
Property

Office

13,551 SF
Availability

1 Space

970 SF
For Lease

$20.00/SF/YR
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Garage Lodge - 24' x 60'

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

Industrial

1,440 SF
Availability

1 Space

1,440 SF
Year Built

2023
For Lease

$1,750.00/SF/YR
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1107 W Sharp Ave

1107 W Sharp Ave, West Central Spokane, Spokane, WA
Property

Multi-Family

1,612 SF
Year Built

1902
For Sale

$365,000
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110 West Cliff Drive

110 West Cliff Drive, Cliff - Cannon, Spokane, WA
Property

Office

68,000 SF
Availability

3 Spaces

19,878 SF
Year Built

1970
For Lease

$13.00/SF/YR
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3911-3923 N Market Street

3911-3923 N Market Street, Bemiss, Spokane, WA
Property

Retail

224,223 SF
Availability

1 Space

1,300 SF
Year Built

2000
For Lease

$22.00/SF/YR
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The Review Building

999 West Riverside Avenue, Riverside, Spokane, WA
Property

Office

158,760 SF
Availability

1 Space

18,343 SF
Year Built

1891
For Lease

$17.00/SF/YR
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3107-3111 N. Monroe St.

3107-3111 N. Monroe St., Emerson - Garfield, Spokane, WA
Property

Retail

3,000 SF
Year Built

1908
For Sale

$84,900
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3117 N Division-Douglass Properties

3117 N Division St, North Hill, Spokane, WA
Property

Retail

6,187 SF
Availability

1 Space

6,187 SF
Year Built

1974
For Lease Contact for pricing
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2607 S Southeast Blvd

2607 S Southeast Blvd, Rockwood, Spokane, WA
Property

Office

17,585 SF
Availability

4 Spaces

8,838 SF
Year Built

1995
For Lease

$17.00 - $18.00/SF/YR
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Rock Pointe Corporate Center - One Rock Pointe

1212 North Washington Street, Emerson - Garfield, Spokane, WA
Property

Office

54,998 SF
Availability

3 Spaces

3,620 SF
Year Built

1987
For Lease

$22.00/SF/YR
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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

901 East 2nd Avenue

904 North Columbus Street

15007 East Trent Avenue

815 W Garland Ave

The Morris Center

The OCH

Southgate Shopping Center

2923 N Monroe St

1520 E Houston Ave

801 N Monroe St

5807 W Thorpe Rd

Garage Lodge - 15' x 50'

US Bank Building

Wonder Spokane

Garage Lodge - 15' x 50'

1313 North Maple Street

323 East 2nd Avenue

Garage Lodge - 24' x 60'

1107 W Sharp Ave

110 West Cliff Drive

3911-3923 N Market Street

The Review Building

3107-3111 N. Monroe St.

3117 N Division-Douglass Properties

2607 S Southeast Blvd

Rock Pointe Corporate Center - One Rock Pointe

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

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About us