Vice President

Jared Smith

Senior Director, Capital Markets

Christopher Ross

Senior Managing Director

Michael Sharapata

The Crescent Building at 707 W Main Avenue presents an exceptional downtown Spokane investment opportunity, offering ±253,194 SF across floors 2-7 (±181,796 SF) and the lower level (±50,102 SF). The first-floor retail space is excluded from this offering and remains under separate ownership. This historic landmark provides investors with flexible options for residential conversion (architect-designed 90-unit plan available) or continued office use in Spokane's thriving Central Business District, complete with Opportunity Zone benefits and potential Historic Tax Credits.

The Offering

The Property is located across the street from River Park Square

Built in 1919; Renovated in 2006

Crescent Building

Washington, D.C.

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title = "Office property subtype"
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value = "lab"
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[[propertySubTypes.options]]
value = "showroom"
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label = "Street Retail"
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value = "shopping-center"
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Sale - Office - Additional Filters

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[[buildingClasses.options]]
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[[buildingClasses.options]]
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label="A"
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label="No"
[propertySubTypes]
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value = "street-retail"
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[[propertySubTypes.options]]
value = "freestanding-retail"
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value = "power-center"
label = "Power Center"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "shopping-center"
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Rent - Retail - Additional Filters

title="Size"
disclaimer="Approx. 100 SF = 1 desk"
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"
[[metric]]
key = "desks"
tabLabel = "desks"
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[min.200]
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[min.300]  
  desks=300
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  feet="7,000"
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[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
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[max]
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  desks=100
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  feet="250,000"
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Default - Office - Surface

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value="Unclassified"
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value="false"
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[[propertySubMarket.options]]
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[[propertySubMarket.options]]
value = "active-adult"
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Rent - Multifamily - Additional Filters

title="Price"
unitLabel="per SF"
metric="per SF"
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Rent - Default - Price

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title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Sale Additional Filter

Rent Additional Filters

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title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
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value="A"
label="A"
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value="C"
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value="Unclassified"
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title="Sublease"
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value="true"
label="Yes"
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value="false"
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title = "Industrial property subtype"
[[propertySubTypes.options]]
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[[propertySubTypes.options]]
value = "creative"
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[[propertySubTypes.options]]
value = "mixed-use"
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value = "lab"
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[[propertySubTypes.options]]
value = "lab-biotech"
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[[propertySubTypes.options]]
value = "education"
label = "Education"
[[propertySubTypes.options]]
value = "light-manufacturing"
label = "Light Manufacturing"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "showroom"
label = "Showroom"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"
[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"

Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
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value="A"
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value="B"
label="B"
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value="C"
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value="Unclassified"
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[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Multifamily property subtype"
[[propertySubTypes.options]]
value = "apartment"
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[[propertySubTypes.options]]
value = "student-housing"
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[[propertySubTypes.options]]
value = "condo"
label = "Condominium"
[[propertySubTypes.options]]
value = "active-adult"
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Sale - Multifamily - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
key = "acres"
tabLabel = "acres"
unitLabel= "ac"

[min]
[min.1]  
value=0.1
[min.2]  
value=0.2
[min.3]  
acres=0.25
value=0.25
[min.4]  
acres=0.5
value=0.5
[min.5]
acres=1
value=1
[min.6]  
value=1.5
[min.7]
acres=2
value=2
[min.8]
acres=3
value=3
[min.9]
acres=4
value=4
[min.10]
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[min.11]
acres=10
value=10

[max]
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value=0.1
[max.2]  
value=0.2
[max.3]  
acres=0.25
value=0.25
[max.4]  
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value=0.5
[max.5]
acres=1
value=1
[max.6]  
value=1.5
[max.7]
acres=2
value=2
[max.8]
acres=3
value=3
[max.9]
acres=4
value=4
[max.10]
acres=5
value=5
[max.11]
acres=10
value=10

Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"

[min]
[min.50]  
  feet=50
  value=50
[min.200]
  feet=200
  value=200
[min.500]
  feet=500
  value=500
[min.1000]
  feet="1,000"
  value=1000
[min.2000]
  feet="2,000"
  value=2000
[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
  feet=50
  value=50
[max.200]
  feet=200
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[max.500]
  feet=500
  value=500
[max.1000]
  feet="1,000"
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[max.2000]
  feet="2,000"
  value=2000
[max.5000]
  feet="5,000"
  value=5000
[max.7000]
  feet="7,000"
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[max.10000]
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[max.20000]
  feet="20,000"
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[max.30000]
  feet="30,000"
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[max.50000]
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[max.70000]
  feet="70,000"
  value=70000
[max.100000]
  feet="100,000"
  value=100000
[max.250000]
  feet="250,000"
  value=250000

Default - Default - Surface

title="Price"
metric="label"
unitLabel=" "
[min]
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[min.25000]
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[min.500000]
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[min.1000000]
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[min.5000000]
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[min.10000000]
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[min.25000000]
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[min.50000000]
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[max]
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[max.2500000]
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[max.25000000]
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[max.50000000]
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Default - Default - Price

Market Property Inquiry

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Crescent Building

The Offering

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