1325 W 1st Ave | Spokane, WA 99201
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1325 W 1st Ave
Spokane, WA 99201
Eldridge Building · Office Property For Sale
Investment Highlights
- Downtown Spokane Building
Executive Summary
Today the Eldridge Building offers a unique mix of retail and office space with surface, interior, and rooftop parking available for tenants and their customers. Located on the west end of Downtown Spokane, the property is within walking distance to both Browne’s Addition and the Downtown core and enjoys excellent access to public transportation solutions such as the STA City line which runs from Browne’s Addition out to the Spokane Community College campus. The immediate area is surrounded by retail, dining and entertainment options such as The Fox Theater, Brick West Brewery, Iron Goat Brewing, Andy’s Bar & Grill, The Union West Studio, Echo Boutique & Annex, One Tree Cider House, and First Avenue Coffee and has experienced steady redevelopment over the past decade such as the adjacent Parkview West Apartments. All of these fundamentals help explain why the Eldridge Building has benefitted from long-standing Tenants and low vacancy over the past decade.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
52,947 SF
Building Class
B
Year Built
1925
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
13,237 SF
Building FAR
2.34
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
CBD-4, Spokane
Parking
95 Spaces (1.79 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Kitchen
- High Ceilings
PROPERTY TAXES
Parcel Number | 35192.1401 | Improvements Assessment | $3,076,462 CAD |
Land Assessment | $720,414 CAD | Total Assessment | $3,796,876 CAD |
PROPERTY TAXES
Parcel Number
35192.1401
Land Assessment
$720,414 CAD
Improvements Assessment
$3,076,462 CAD
Total Assessment
$3,796,876 CAD
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