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Investment Highlights

  • Various Property Use Options
  • Close Proximity to Interstate-90
  • Parking Garage available for addtl fee
  • High Traffic and Visability

Executive Summary

Located in the historic Ridpath building in downtown Spokane, this property offers two vacant units totaling over 4,300 SF.

Property Facts

Total Building Size 4,338 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 1
Typical Floor Size 4,338 SF
Year Built 1906
Lot Size 0.16 AC
Opportunity Zone Yes
Zoning DTC

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Detector

1 Unit Available

Unit 1&2

Unit Size 4,338 SF
Price $499,000
Price Per SF $115.03
Condo Use Office/Retail
Sale Type Investment
Description

This offering includes Unit 1 (2,300 SF) and Unit 2 (2,038 SF). The units are currently vacant and are not built out leaving a buyer a blank canvas to create a residential, retail, or office space.

Sale Notes

Located at 515 W. 1st Ave, the historic Ridpath is a premier mixed-use investment in the heart of Spokane. Its Downtown General (DTG) zoning offers maximum flexibility, actively encouraging a blend of residential, office, and high-traffic retail.

Floor Plan
View Photo Floor Plan
Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
70/100
  • Listing ID: 39893439

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 514 W 1st Ave, Spokane, WA 99201

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