Property Details

2200 1st Avenue

Seattle, WA 98121

$3,800,000

Available

CBA# 705328 courtesy of CBA Listing firm: NAI Puget Sound Properties

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Office / Retail

Property Type

8,330

Bldg Sq Ft

Units

1910

Year Built

Property Overview

High-Rise Development Site Or Existing Multifamily or Hotel Building With Street Level CommercialThe 2204 First Avenue Property is a value-add investment redevelopment opportunity located 3 blocks north of Pike Place Market in the heart of the Belltown neighborhood. The value is in the land with zoning allowing a 9 story building with views of Elliott Bay and Olympic Mountains. The existing building can be leased to provide income while planning or land banking forfuture redevelopment of property.This three-story, 9,990 GSF building provides optimal versatility with the 13 living units to remain as multifamily residential units or convert use to hotel use. Street level retail can be converted to hotel lobby or other use or remain as successful Belltown Tobacco convenience store. Each