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Investment Highlights

  • Irreplaceable Unobstructed Spokane River Falls View p
  • Walking Distance to a variety of amenities
  • Unlimited Height Development Condition, Prime for a Tower High-Rise

Executive Summary

Arger Real Estate is proud to present a premier development opportunity at 602 N. Monroe and 601 N. Lincoln Street in Spokane, Washington.
Positioned above the renowned Spokane River Falls, this exceptional offering sits within the highly sought-after North Bank neighborhood—one of the city’s most dynamic and rapidly evolving districts. The property boasts unobstructed, panoramic views of the iconic Spokane river falls and downtown skyline, creating a truly irreplaceable setting prime for a high-rise tower development.
Residents and visitors alike will enjoy immediate access to a vibrant mix of amenities, all within walking distance, including Riverfront Park, River Park Square, shopping, dining, and major entertainment and event venues.
Zoned for maximum flexibility, the site allows for a wide range of uses, including hotels, condominiums, multifamily, retail, and mixed-use development. Notably, current city building standards permit unlimited height, offering a rare opportunity to create a landmark high-rise that will redefine Spokane’s skyline.
This is a once-in-a-generation chance to shape the future of urban development in Spokane.

Attachments

Falls Flyer

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Community Centre
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Medical
  • Schools
  • Specialty, Festival or Entertainment
  • Storefront, Retail or Residential
Total Lot Size 0.52 AC
Opportunity Zone Yes
Zoning DTG - Downtown Commercial

1 Lot Available

Lot

Lot Size 0.52 AC

High Rise Tower Development Land

Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 35183.1436
  • 35183.1427
Land Assessment
$928,872 CAD
Improvements Assessment
$637,309 CAD
Total Assessment
$1,566,181 CAD
  • Listing ID: 40333652

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: 602 N Monroe St, Spokane, WA 99201

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