501 Riverpoint Blvd
Spokane WA 99202

Riverpoint One

501 Riverpoint Blvd Spokane WA 99202

Listing #: 684626 | Status: Available | Last Modified: 8/28/2024 |

For Sale
Craig Soehren
  • Phone:(509) 755-7548
  • Email:craigs@kiemlehagood.com
  • Office Name:Kiemle Hagood
  • Office Phone:(509) 783-7663
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 13,000,000.0
  • $/SF$ 183.5
  • Listing StatusAvailable
  • Days on Market38
  • Asset ClassOffice
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 7.23 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units
  • # of Elevators1
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF70856
  • Net Rentable Area70856
  • Total Office SF18150
  • Largest Contiguous SF
  • Lot SF187308
  • Acres4.3
Property Type
  • Property TypeOffice
  • Office TypeOther
  • Building ClassA
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaCBD & Periphery
  • Tax ID #35173.1604
  • Additional Parcels
  • ZoningDTU
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces40
  • Total Parking Spots40
  • Parking Ratio
Construction
  • Year Built1988
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Riverpoint One Building

Public Comments

Riverpoint One Building A premier office building situated in the vibrant U-District of Downtown Spokane. This landmark property offers a unique investment opportunity with 100% occupancy and significant upside potential. Purchase Price: $13,000,000 2025 Cap Rate: 7.23% Building Size: ±70,856 RSF (exclusive of garage) Price/SF: $183.47 Land Area: ±163,829 (4.3 acres)

Public Building Comments

Located in Spokane's revitalized University District. Dramatic river views, Gonzaga University & Mt. Spokane. Exercise facility with showers & lockers. Located on the Centennial Trail. Parking (surface & secure garage).

Search Tags

Multi-Tenant, Business Park

Listing Images