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Spokane, Washington
When considering commercial real estate in the Pacific Northwest, Spokane, Washington provides an excellent opportunity for investors. The city serves as the county seat of Spokane County, and is a major arts and culture center in the Northwest region.
Spokane is home to several large companies, including Avista Utilities and Washington Water Services, which are both Fortune 500 companies. Many smaller privately held enterprises also call Spokane home.
This large city offers numerous opportunities for commercial real estate investors looking to establish properties in the region. Are you ready to invest in Spokane?
Read on to learn more about the “Lilac City” of the US.
Spokane, Washington Stats
Spokane is home to 217,353 residents (2019), making it one of the largest cities in Washington state. Located along the Spokane River and over 100 miles from Seattle, the city offers commercial real estate investors many unique opportunities.
The city is home to the University of Spokane, Whitworth University, and Gonzaga University, which represent more than 40,000 students. The schools help support a vibrant downtown area that’s ripe with commercial real estate opportunities and has seen many new businesses pop up in recent years.
Spokane is also located near several burgeoning cities, including Seattle, WA; Boise, ID; Salem, OR and Coeur d’Alene, ID. These areas are all within a 90-minute drive of Spokane. This affords commercial real estate investors many options for future investments that are primed to grow over the upcoming years.
Additionally, Spokane’s close proximity to unique investment opportunities in Seattle also allows for unique investment strategies in the two different markets.
Life in Spokane
Spokane is home to 217,353 residents (2019), making it one of the largest cities in Washington state. Spokane is the second-largest city within the state and located along several major rivers and close to mountains for skiing, hiking, biking, etc.
Spokane got its name after a local tribe of Native Americans called the Spokanes, meaning “Children of the Sun.” The city is rich in history and is home to the Northwest Museum of Arts and Culture, which explores the region’s history through exhibits on art, culture, and Native American heritage. Several parks are located in Spokane, with Riverfront Park being the most well-known location.
Spokane plays host to many events throughout the year. As a major arts and culture hub, theater, performing arts shows, as well as music events are common. The city is close to a number of ski resorts and caters itself to outdoors enthusiasts with options for hiking, biking, etc.
Along the Riverfront Park is a historic cable car line that offers views over the city and of the Spokane Falls.
In 1975, the United States’ first and so far only International Sculpture Symposium was held in Spokane’s Riverfront Park in recognition of its scenic beauty and wealth of public art.
The city also has a number of breweries, wineries, and distilleries, with a strong emphasis placed on locally-produced products. The Spokane Farmers Market also offers local vendors fresh produce and other goods.
Find Your Next Commercial Property In Spokane
Are you interested in investing in commercial property in Spokane? There are many options available for you to choose from. Let the experienced real estate agents at Josh and Jolene Baijot DenFinder help by matching you with the right commercial property in Spokane, Washington for you.
Contact our team at Josh and Jolene Baijot to learn more about commercial investment opportunities in Spokane.
Spokane is located in Spokane County as its largest city and county seat. It has a population of 217,353.
Zip Codes
99201-99223
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