Retail Space
501 West Sprague Avenue Spokane, WA 99201
Details & Description
Price: $1,100,000
    Development opportunity in the heart of downtown Spokane.HighlightsFlexible DTC zoning allows for retail, multifamily, office or a combination of usesPotential to increase height of building and add additional unitsBuilding was previously part of the Ridpath Hotel and six stories tallFootprint of 8151 SF with additional 8000 SF +/- in basementCeiling height of 15 ft from floor to bottom of beams on main floorInfrastructure for commercial kitchen in Unit A
    Listing Agents
    Matthew Byrd

    O: 509-499-9229
    matt.byrd@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    501 West Sprague Avenue

    Spokane, WA 99201

    Listing ID: 209205
    • 501 West Sprague Avenue Spokane, WA 99201 | for Sale | Photo 1
    • 501 West Sprague Avenue Spokane, WA 99201 | for Sale | Photo 2
    • 501 West Sprague Avenue Spokane, WA 99201 | for Sale | Photo 3
    501 West Sprague Avenue | for Sale | Thumbnail 1
    501 West Sprague Avenue | for Sale | Thumbnail 2
    501 West Sprague Avenue | for Sale | Thumbnail 3
    Building Size: 8,151 SF
    Lot Size: 0.202 AC
    Land Size: 8,801 SF
    Building $/SF: $134.95
    Land $/SF: $124.99
    Price
    $1,100,000
    Description

    Development opportunity in the heart of downtown Spokane.

    Highlights

    Flexible DTC zoning allows for retail, multifamily, office or a combination of uses

    Potential to increase height of building and add additional units

    Building was previously part of the Ridpath Hotel and six stories tall

    Footprint of 8151 SF with additional 8000 SF +/- in basement

    Ceiling height of 15 ft from floor to bottom of beams on main floor

    Infrastructure for commercial kitchen in Unit A

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Spokane History of Retail Space for Sale

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    Spokane Area Market Trends

    Listing Demographics for 501 West Sprague Avenue Spokane, WA 99201

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,146104,563208,626
    Population Median Age393838
    Population by Age0-9 Yrs741 (5%)11044 (10%)24195 (11%)
    10-19 Yrs1683 (11%)13119 (12%)25181 (12%)
    20-29 Yrs3922 (27%)19372 (18%)34944 (16%)
    30-39 Yrs1919 (13%)15086 (14%)30495 (14%)
    40-49 Yrs1305 (9%)11598 (11%)23128 (11%)
    50-59 Yrs1727 (12%)12559 (12%)25235 (12%)
    60-69 Yrs1444 (10%)11569 (11%)23482 (11%)
    70+ Yrs1405 (9%)10216 (9%)21967 (10%)
    Median HH Income$27,831$45,838$49,222
    Total Household Income< 24K3326 (46%)12761 (28%)21824 (24%)
    25-49K1700 (23%)11607 (25%)23280 (26%)
    50-74K1033 (14%)8041 (17%)16898 (19%)
    75-99K455 (6%)5138 (11%)10922 (12%)
    100-199K488 (6%)6120 (13%)13005 (14%)
    200K+149 (2%)1635 (3%)2951 (3%)
    Highest Education LevelNo Diploma1044546410770
    Diploma or GED21141430532950
    Some College27721879637841
    Assoc. Degree901807117947
    Bachelors Degree20581446327534
    Higher Degree1123981516434
    Total Housing Units8,42250,21696,340
    --Owner-Occupied1,27922,22448,758
    --Renter-Occupied5,87323,07840,122
    Owner-Occupied Values< 100K17128185840
    100-199K412952922743
    200-299K312490511312
    300-399K16722624594
    400-499K6811701936
    500K+15015402333
    Total Working Age Population12,86686,538169,502
    In Work Force6,41452,045104,679
    Not In Work Force6,45134,49364,823
    Workforce Employed5,89048,62397,856
    Workforce Unemployed4233,0686,129
    Civlian Workforce6,31351,692103,985
    Military Workforce102353694
    Total Households7,15245,30288,880
    Family Households1,74122,41849,130
    Non-Family Households5,41122,88539,750
    Married Couple1,03015,05233,257
    Other Family7117,36615,873
    Married w/Child3095,50112,798
    Single Male w/Child1191,2412,868
    Single Female w/Child3072,9246,158

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Washington5,894,121+146,724,540+147,638,415+118,503,178
    Spokane County417,939+13471,221+10516,807+9564,538

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 501 West Sprague Avenue in Spokane?
    The asking price for 501 West Sprague Avenue is $1,100,000
    What is the building size of this Retail property in Spokane, WA?
    The size of the building/unit at 501 West Sprague Avenue in Spokane is 8,151 square feet
    How much land does the Spokane, WA property at 501 West Sprague Avenue include?
    501 West Sprague Avenue in Spokane includes 0.202 acres of land
    What kind of Retail is the propery at 501 West Sprague Avenue?
    The property at 501 West Sprague Avenue Spokane, WA 99201 is listed as a Other Retail Retail property
    What is the population within 1 mile of 501 West Sprague Avenue in Spokane?
    The population within 1 mile of 501 West Sprague Avenue Spokane, WA 99201 is 14,146 people.
    Who do I contact for questions about 501 West Sprague Avenue?
    You should contact the listing agent, Matthew Byrd, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Spokane International Airport (GEG) 6
    Boeing Field King County International Airport (BFI) 228
    Seattle Tacoma International Airport (SEA) 228
    Price
    $1,100,000
    Listing Agent
    More listings from Matthew Byrd
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