Property Details

213 1st Ave S

Seattle, WA 98104

$4,900,000

Available

CBA# 693096 courtesy of CBA Listing firm: Compass Washington

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Office / Retail

Property Type

15,300

Bldg Sq Ft

6.00%

Cap Rate

1900

Year Built

Property Overview

Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Dating back to 1900, this meticulously maintained 4 story building artfully blends historic character with modern enhancements, promising both dependable returns and future growth.The residential section offers 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 efficient micro lofts, and 1 expansive studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with added conveniences like on-site laundry and an elevator servicing all 4 floors.On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st Street with street parking and a Walk Score of 96, this asset stands as