The Historic Riverwalk Building is a prominent mixed-use office and retail building located on the east periphery and entryway of the University District. Amenities include 160 feet of river frontage; a private walking path along the river, connected to the Centennial Trail and Universities; canoe/kayak access points; two restaurants and bar; tasting room; private party event area; convenient on-site parking; exposed brick & beam; outside seating and yard; and a clear view of the river along all east exterior walls. Mark C. McLees 509 622 3554 [email protected]For Sale The Historic Riverwalk Mixed-Use Office & Retail 1003 & 1007 E Trent Ave. Sale Price: $11,500,000 Black Commercial, Inc. 107 S. Howard, Suite 500 Spokane, WA 99201 509 623 1000
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The Historic Riverwalk Building is a prominent mixed-use office and retail building located on the east periphery and entryway of the University District. Amenities include 160 feet of river frontage; a private walking path along the river, connected to the Centennial Trail and Universities; canoe/kayak access points; two restaurants and bar; tasting room; private party event area; convenient on-site parking; exposed brick & beam; outside seating and yard; and a clear view of the river along all east exterior walls.
For SaleThe Historic Riverwalk Mixed-Use Office & Retail1003 & 1007 E Trent Ave.
Sale Price:$11,500,000
Black Commercial, Inc.107 S. Howard, Suite 500Spokane, WA 99201509 623 1000
Building Amenities:• Improvements: 74,560 SF ±
• Occupied: 47,017 SF ±• Vacant (Available for owner-occupant, pending current Tenant negotiations):
27,543 SF ±• Parking: 143 paved on-site car parks, and approximately 90
unmetered car parks within 1.5 block radius• Fully Sprinklered• Individually controlled heat and A/C for all occupants• Sufficient Amperage and 3-Phse Power for any electrical needs• Unobstructed nature and river view, with convenient access out your
back door• Common and private outdoor mini-park (picnic, relaxation, seating,
gathering area) along the River• Restaurant, Bar, Tasting Room, and Hair Salon all conveniently
located within the building• Traffic Count on Trent/Hamilton: 40,000 ADT• Zoning: Centers and Corridors (CC1)• Site Size: 3.3 Acres (9.94 Acres Including River Portion)• Parcel Numbers: 35174.0224 & 35174.0028• Property is on the Spokane Register of Historic Places.
• Property Tax Abatement until 2020(2017 Property Tax= $4,104)
• For Further Information visit: Nomination Summary
Property Features
Scenic River View
Income Analysis (Proforma):• SGI: $1,232,090• Vacancy (8%): ($98,567)• EGI: $1,133,520• Operating Expenses: ($355,711)• NOI: $777,812• Cap Rate ($11.5M): 6.8%
Riverwalk & River Aerial
Income Analysis(Existing with 27,543 SF Vacant):• SGI: $851,388• Vacancy (N/A): ($0)• EGI: $851,388• Operating Expenses: ($328,711)• NOI: $522,677• Cap Rate ($11.5M): 4.5%
Lab-Tech River View Lab-Tech River View Space Lab-Tech Facing South
Lab-Tech Facing West Suite 160 Sanctuary Suite 160 River View
Riverwalk Photos
Suite 160
(Vacant)
Common Area
Common Area
1007 E. Trent AvenueRiverwalk Single Story
Ground Level
Riverwalk Floor Plan
Riverwalk 2-Story Building
Floor Plans
First Floor
Potential Build Out Plans:(Click to Access Files)
Lab Tech: Proposed Build-Out for Columbia Lab Tech: Proposed Build-Out Rendering for ColumbiaLab Tech: Schematic Floor Plan Proposal
First Floor Mezzanine
Riverwalk Parking
13 Stalls
130 Stalls
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same issubmitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal withoutnotice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of theproperty or any hazards contained therein are any to be implied.
Riverwalk Parking
Area Maps
E Trent Ave
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Riverwalk Aerial West
Gonzaga Law School
WSU, EWU, UW, WhitworthDowntownSpokane
McCarthey Athletic Center(Gonzaga University)
Riverwalk
Hamilton Street
University District Development Projects
The Catalyst Project
Myrtle Woldson Performing Arts Center, Gonzaga
Volkar Center for Athletic Achievement, Gonzaga
Spokane Teaching Health Clinic, WSU
U-District Bridge
Rendering courtesy of City of Spokane
Rendering courtesy of Avista Utilities/Bernardo Wills
