Spokane, WA Commercial Real Estate for Lease and Sale

Explore 383 listings of Spokane commercial real estate to find the best space for your business.

1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

3.43 Acre
For Sale Contact for pricing
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

5.24 Acre
For Sale Contact for pricing
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Latah Creek Plaza

4241 S Cheney-Spokane Road, Latah Valley, Spokane, WA
Property

Retail

7,715 SF
Availability

1 Space

2,304 SF
Year Built

1999
For Lease

$22.00/SF/YR
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518 W Riverside Ave

518 W Riverside Ave, Riverside, Spokane, WA
Property

Retail

14,366 SF
Year Built

1890
For Sale

$2,950,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
601 W Maxwell Ave

601 W Maxwell Ave, Emerson - Garfield, Spokane, WA
Property

Retail

5,024 SF
Availability

1 Space

1,100 SF
Year Built

1950
For Lease

$1,100.00/MO
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4315 S Scott St

4315 S Scott St, Comstock, Spokane, WA
Property

Office

8,800 SF
Availability

1 Space

8,800 SF
Year Built

1932
For Lease

$14.00/SF/YR
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2715 E 31st Ave

2715 E 31st Ave, Lincoln Heights, Spokane, WA
Property

Office

2,040 SF
For Sale

$364,500
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Lincoln Heights Shopping Center

2801 East 29th Avenue, Lincoln Heights, Spokane, WA
Property

Retail

122,410 SF
Availability

3 Spaces

9,230 SF
Year Built

1957
For Lease

$16.00 - $20.00/SF/YR
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41 - 47 E Queen Avenue -Douglass Properties

41 E. Queen Avenue, Nevada - Lidgerwood, Spokane, WA
Property

Retail

6,250 SF
Availability

1 Space

6,250 SF
For Lease

$6,250.00/MO
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318 E Pacific Avenue

318 E Pacific Ave, East Central Spokane, Spokane, WA
Property

Office

1,504 SF
Availability

1 Space

1,504 SF
For Lease

$1,000.00/MO
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3605 - 3623 East Rowan Avenue

3605 - 3623 East Rowan Avenue, Hillyard, Spokane, WA
Property

Industrial

7,700 SF
Availability

2 Spaces

7,700 SF
Year Built

2008
For Lease

$0.90/SF/MO
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Diamond Shopping Center

6720 N Division St, Nevada - Lidgerwood, Spokane, WA
Property

VacantLand

550,000 SF
Availability

1 Space

209,088 SF
For Lease Contact for pricing
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1400 E Francis

1400 E Francis, Whitman, Spokane, WA
Property

VacantLand

27,000 SF
Availability

1 Space

27,000 SF
For Lease

$0.06/SF/MO
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3724 E. Bismark Avenue

3724 E. Bismark Avenue, Hillyard, Spokane, WA
Property

VacantLand
For Sale

$175,000
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Sundance Plaza Pad Site West

5230 W Lowell Ave, North Indian Trail, Spokane, WA
Property

VacantLand

3.93 Acre
Availability

1 Space

3.93 Acre
For Lease Contact for pricing
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924 - 930 W 2nd Ave

924 - 930 W 2nd Ave, Riverside, Spokane, WA
Property

Office

10,629 SF
Availability

2 Spaces

10,629 SF
Year Built

1918
For Lease

$10.00/SF/YR
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

1.84 Acre
For Sale Contact for pricing
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Brownes Addition Duplex & Triplex

1908 & 1914 W 3rd Ave, Riverside, Spokane, WA
Property

Multi-Family

2,485 SF
Year Built

1887
For Sale

$650,000
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1220 S Grand Blvd

1220 S Grand Blvd, Cliff - Cannon, Spokane, WA
Property

Retail

4,335 SF
Availability

1 Space

751 SF
Year Built

1930
For Lease

$20.00/SF/YR
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The Cook Building

811 W 2nd Ave, Riverside, Spokane, WA
Property

Retail

22,400 SF
For Sale

$2,500,000
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45 W 2nd Ave

45 W 2nd Ave, Riverside, Spokane, WA
Property

Industrial

10,400 SF
Availability

1 Space

10,400 SF
Year Built

1957
For Lease Contact for pricing
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2223 N Ash Street

2223 N Ash Street, Emerson - Garfield, Spokane, WA
Property

Retail

1,972 SF
Availability

1 Space

1,885 SF
For Lease Contact for pricing
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34-36 E Wellesley

34-36 E Wellesley, Nevada - Lidgerwood, Spokane, WA
Property

Retail

4,186 SF
Availability

2 Spaces

4,186 SF
For Lease

$15.00/SF/YR
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4107 S Regal St

4107 S. Regal St, Southgate, Spokane, WA
Property

VacantLand

101,495 SF
Availability

1 Space

101,494 SF
For Lease Contact for pricing
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Hutton Building

9 S Washington St, Riverside, Spokane, WA
Property

Office

57,220 SF
Availability

2 Spaces

4,825 SF
Year Built

1907
For Lease

$17.00/SF/YR
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River Ridge Shopping Center

4411 - 4507 W Wellesley Ave, Northwest Spokane, Spokane, WA
Property

Retail

50,724 SF
Availability

1 Space

29,000 SF
Year Built

1972
For Lease

$14.00/SF/YR
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4812 S Marshall Rd

4812 S Marshall Rd, Latah Valley, Spokane, WA
Property

VacantLand

30.98 Acre
For Sale

$387,250
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N Division & W Francis

6301 N DIVISION ST, Nevada - Lidgerwood, Spokane, WA
Property

VacantLand

64,000 SF
Availability

1 Space

64,000 SF
For Lease Contact for pricing
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4209 East Pacific Avenue

4209 East Pacific Avenue, East Central Spokane, Spokane, WA
Property

Office

12,003 SF
Availability

1 Space

11,435 SF
Year Built

1953
For Lease

$10.00/SF/YR
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Hayford Business Park

2001 S Hayford Rd, West Meadows, Airway Heights, WA
Property

Industrial

227,000 SF
Availability

1 Space

350,000 SF
For Lease Contact for pricing
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2100 N Hamilton St

2100 N Hamilton St, Logan, Spokane, WA
Property

VacantLand

9,677 SF
Availability

1 Space

8,550 SF
For Lease Contact for pricing
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10414 W Geiger Blvd

10414 W Geiger Blvd, West Meadows, Spokane, WA
Property

VacantLand

16 Acre
Availability

1 Space

16 Acre
For Lease Contact for pricing
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Francis Center

1500 E Francis Ave, Whitman, Spokane, WA
Property

Retail

9,800 SF
Availability

1 Space

1,595 SF
Year Built

1958
For Lease

$15.00/SF/YR
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City View Plaza

327 W 8th Avenue, Cliff - Cannon, Spokane, WA
Property

Office

14,400 SF
Availability

4 Spaces

4,063 SF
Year Built

1964
For Lease Contact for pricing
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McCauley Hall

705 West 7th Avenue, Cliff - Cannon, Spokane, WA
Property

Office

13,562 SF
Availability

1 Space

1,782 SF
For Lease

$21.99/SF/YR
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217 N Napa St

217 N Napa St, East Central Spokane, Spokane, WA
Property

VacantLand

26,632 SF
Availability

2 Spaces

26,632 SF
For Lease

$400.00/MO
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38 W 3rd Ave

38 W 3rd Ave, Riverside, Spokane, WA
Property

Retail

4,088 SF
Year Built

1952
For Sale

$299,900
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6822 N Atlantic St

6822 N Atlantic St, Nevada - Lidgerwood, Spokane, WA
Property

Retail

2,340 SF
Year Built

1962
For Sale Contact for pricing
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920 North Hamilton Street

920 North Hamilton Street, Logan, Spokane, WA
Property

Office

22,000 SF
Availability

1 Space

22,000 SF
Year Built

1985
For Lease

$30.00/SF/YR
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Crosspointe Plaza

10414 W US-2, West Meadows, Spokane, WA
Property

Retail

18,778 SF
Availability

3 Spaces

6,755 SF
Year Built

2009
For Lease

$18.00 - $20.00/SF/YR
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Manito Shopping Center

802 E. 29th Ave., Comstock, Spokane, WA
Property

Retail

126,867 SF
Availability

1 Space

5,000 SF
Year Built

1969
For Lease

$2,500.00/MO
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7404 N Division Street

7404 N Division St, Nevada - Lidgerwood, Spokane, WA
Property

VacantLand

8,500 SF
Availability

1 Space

33,541 SF
For Lease Contact for pricing
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

2.6 Acre
For Sale Contact for pricing
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Global Building

204 N Division St, East Central Spokane, Spokane, WA
Property

Office

56,398 SF
Availability

1 Space

7,250 SF
For Lease Contact for pricing
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

1.14 Acre
For Sale Contact for pricing
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Midas Muffler - Former

230 N Division St, East Central Spokane, Spokane, WA
Property

Industrial

11,352 SF
Availability

1 Space

11,137 SF
Year Built

1978
For Lease

$12.00/SF/YR
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1515 S Technology Blvd

1515 S Technology Blvd, West Meadows, Spokane, WA
Property

VacantLand

1.46 Acre
For Sale Contact for pricing
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4023 - 4107 E Sprague

4023 - 4107 E Sprague, East Central Spokane, Spokane, WA
Property

Retail

14,737 SF
Year Built

1929
For Sale

$1,500,000
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1730 W Broadway Ave

1730 W Broadway Ave, West Central Spokane, Spokane, WA
Property

Office

6,219 SF
Year Built

1916
For Sale

$700,000
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4725 N Market St

4725 N Market St, Hillyard, Spokane, WA
Property

Retail

5,796 SF
Availability

1 Space

5,796 SF
Year Built

1968
For Lease

$12.00/SF/YR
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3707 S Grand Boulevard

3707 S Grand Blvd, Comstock, Spokane, WA
Property

Office

9,775 SF
Availability

3 Spaces

8,100 SF
Year Built

2010
For Lease

$8.00 - $26.00/SF/YR
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Washington Medical Building

507 S Washington St, Cliff - Cannon, Spokane, WA
Property

Office

20,156 SF
Availability

2 Spaces

6,242 SF
Year Built

1953
For Lease

$4.00 - $6.00/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 5,954,781 square feet of office space across 124 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 3,606,622 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 862,258 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 1,278,254 square feet of available listings. Retail space available in Spokane adds up to 741,088 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 $18.25 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 $21.97 per square foot, industrial space in Spokane saw average rents of $9.93 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 Hillyard.

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 $50 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 50,041 square feet.
Retail properties here incorporate an average of 36,803 square feet.
Industrial space in Spokane is in buildings that are, on average 22,110 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 12,833,620 square feet. The market offers 103 active office listing(s), which amount to 1,186,321 square feet and account for 39% of commercial spaces on the market. Local retail availability includes 678,655 square feet across 91 retail space(s). Industrial space for rent opportunities in Spokane amount to 659,420 square feet across a total of 28 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	103	1,186,321
Retail	91	678,655
Industrial	28	659,420
Other	39	10,309,224

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 2,173,928 square feet of commercial property for sale here , which includes 24 office building(s) for sale , 31 retail investment opportunity listing(s) , and 13 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	24	876,715
Retail	31	238,935
Industrial	13	240,603
Other	59	817,675

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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