Seattle, WA 98104 213 1st Avenue S
$5,200,000
12 more
Presented By: COMPASS and NWMLS
- MLS# 2335192
- 02/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 16,974
Home Details
Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an elevator. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st St with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.
Presented By: COMPASS and NWMLS
Interior Features for 213 1st Avenue S
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Carpet
Heating Y/NYes
Interior AmenitiesCeramic Tile
Power Production TypeElectric
Total Fireplaces
Total Stories4
General for 213 1st Avenue S
Building Area UnitsSquare Feet
Cap Rate5.49
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsOn the West side of 1st Street between S Washington St and S Main St.
Electric Expense13534
Fuel Expense13534
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictSeattle
Insurance Expense30649
Leasable Area16974
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet3330
Lot Size UnitsSquare Feet
MLS Area701 – Belltown/Downtown Seattle
ModificationTimestamp2025-06-24T23:28:10.464Z
NWM_ShowMapLinkY
Net Operating Income285230
New ConstructionNo
Number Of Units Total15
Open Parking Spaces0
PossessionClosing
Possible UseResidential, Retail
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvest in a piece of Seattles storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dep
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NamePioneer Square
Tax Annual Amount36231
Tax Year2024
Units Below Gradetrue
Units In Building Total15
Water Sewer Garbage13534
Year Built1900
Zoning DescriptionResidential, Retail
Exterior for 213 1st Avenue S
Building Area Total16974
Covered Spaces
Exterior AmenitiesBrick, Log
Irrigation Water Rights Y/NNo
Lot Size Acres0.0764
Parking Uncovered Spaces0
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
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