Newport Office

Highlights:

• Owner/user opportunity featuring four commercial bays with flexible office/retail layouts.
• Prominent corner location on Walnut Street with strong visibility and pylon signage exposure.
• Ample paved on-site parking with easy access for customers and staff.
• Investment upside through leasing vacant bays or adjusting rents toward market rates.

Description:

This 4,104 SF four-bay strip center offers an excellent owner-user or value-add opportunity. Zoned C-1, the property supports flexible office and retail uses, features prominent signage and paved on-site parking, and provides upside through lease-up of the vacant suite and potential rent growth.

Positioned in Newport’s Central Business District, 405 W Walnut Street features a high-visibility corner location with approximately 6,056 vehicles per day along Walnut Street & Washington Ave intersection. Surrounded by established downtown businesses and just 47 miles from Spokane via Highway 2, the property offers strong access and long-term commercial appeal.

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