Map of Property

Riverpoint One

For Sale

501 Riverpoint Blvd, Spokane, WA 99202

This Spokane property for sale is located at 501 Riverpoint Blvd. The general use of Riverpoint One is office and it incorporates 70,856 square feet of class A office space. The current listed sale price for Riverpoint One is $13,000,000. Riverpoint One is situated on a lot that is 4.3 acre in size.

Contacts

broker
Craig Soehren

Kiemle Hagood

Property Details

  • Property Type Office - General Office
  • Property Size 70,856 SF
  • Lot Size 4.3 Acre
  • Cap Rate % 7.23
  • Additional Rent Contact for pricing
  • # of Floors 4
  • Parking Spaces Avail. 40
  • Parking Ratio 0.56 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1988
  • Date Updated Nov 13, 2024

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) 

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Getting around

  • 71/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 84/100

    Bike Score ®

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Location

  • City Spokane, WA
  • Neighborhood Washington State University
  • Zip Code 99202
  • Market Spokane

Points of Interest

  • Nomnom

    0.28 miles

  • 7-Eleven

    0.54 miles

  • Ameripride

    0.59 miles

  • Exxon

    0.61 miles

  • Conoco

    0.65 miles

  • Mobil

    0.76 miles

  • 76

    0.93 miles

  • Chevron

    1.03 miles

  • Maverik

    1.05 miles

  • ChargePoint

    2.76 miles

  • Green 1

    0.07 miles

  • Orange 1

    0.11 miles

  • Green 2

    0.21 miles

  • Green 6

    0.22 miles

  • Diamond Parking

    0.24 miles

  • Green 5

    0.25 miles

  • Green 3

    0.26 miles

  • Washington Lot

    0.49 miles

  • Boone Avenue Retail Center (BARC)

    0.64 miles

  • Courtyard Spokane Downtown at the Convention Center

    0.08 miles

  • Ruby River Hotel

    0.13 miles

  • Fairfield Inn & Suites Spokane Downtown

    0.14 miles

  • Oxford Suites Downtown Spokane

    0.20 miles

  • Holiday Inn Express Spokane Downtown

    0.23 miles

  • Best Western Plus City Center

    0.27 miles

  • DoubleTree by Hilton Hotel Spokane City Center

    0.29 miles

  • The Centennial

    0.39 miles

  • Riverfront Park Travel Apartments

    0.40 miles

  • The Davenport Grand, Autograph Collection

    0.44 miles

  • Main Market Coop

    0.30 miles

  • The Flour Mill

    0.65 miles

  • Logan Square

    0.69 miles

  • River Park Square

    0.72 miles

  • Nordstrom

    0.78 miles

  • Safeway

    0.92 miles

  • Yoke's Fresh Marketplace

    1.32 miles

  • Best Asian Market

    1.36 miles

  • Buruk Mini Mart

    1.40 miles

  • Huckleberry's Natural Market

    1.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Craig Soehren

Kiemle Hagood