Pacific Cold Storage Building
116 W Pacific Ave, Spokane, WA 99201
The former Cold Storage Warehouse at 116 W Pacific Avenue is a striking, fully renovated historic asset in the heart of downtown Spokane. Originally constructed in 1911, this ±37,125 square foot mixed-use building has been thoughtfully transformed into a high-performing property featuring a first-floor event venue, two floors of creative office space, and secured underground parking. The offering presents a rare opportunity to acquire a character-rich asset with immediate occupancy potential and in-place income. At closing, approximately two-thirds of the building can be made available for an owner-user, while the seller is open to a short-term sale-leaseback, providing near-term cash flow and flexibility during transition. A dedicated surface parking lot further enhances functionality for both employees and clients, while providing additional income.
Building Details
- For Sale $4,600,000
- Property Type Retail
- Property Size 37,125 SF
- Lot Size 10,890 SF
- Additional Rent Price on request
- Date Updated Sep 22, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Goodale & Barbieri Company
Goodale & Barbieri Company
Location
- City Spokane, WA
- Neighborhood Riverside
- Zip Code 99201
- Market Spokane
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Walk score 95/100 Walker's Paradise -
Transit score 70/100 Excellent Transit -
Bike score 80/100 Very Bikeable
Points of Interest
Ameripride
0.08 miles
Conoco
0.17 miles
7-Eleven
0.18 miles
Exxon
0.21 miles
76
0.49 miles
Chevron
0.57 miles
Nomnom
0.71 miles
ChargePoint
3.14 miles
Tesla Destination Charger - Hampton Inn Spokane
3.20 miles
Diamond Parking
0.13 miles
City Ramp Garage
0.23 miles
Parkade
0.33 miles
Parkrite
0.37 miles
Davenport Hotel Parking Garage
0.45 miles
Employee Parking
0.47 miles
Boone Avenue Retail Center (BARC)
1.16 miles
Main Market Coop
0.26 miles
River Park Square
0.48 miles
Nordstrom
0.54 miles
The Flour Mill
0.71 miles
Huckleberry's Natural Market
0.88 miles
Grocery Outlet
1.06 miles
Rosauers
1.08 miles
Logan Square
1.13 miles
Safeway
1.45 miles
Best Asian Market
1.59 miles
Listing Summary
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Property Financials 116 W Pacific Ave is currently listed for sale at $4,600,000 for a price per square foot of $123.91.
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Property Details 116 W Pacific Ave totals 37,125 square feet of Retail space on a lot spanning 10,890 square feet.
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Area Characteristics 116 W Pacific Ave is located in the Riverside neighborhood.
There are 13 other retail properties listed for sale in the neighborhood. In terms of ease of commuting, the area has a walk score of 95, indicating that it is perfect for walking.
