213 1st Avenue S Seattle WA 98104 MLS #NWM2335192

Listing Provided Courtesy of COMPASS
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.

Property Details

Price:
$5,500,000
MLS #:
NWM2335192
Status:
Active
Beds:
0
Baths:
0
Address:
213 1st Avenue S
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Pioneer Square
Neighborhood:
701 – Belltown/Downtown Seattle
City:
Seattle
Listed Date:
Feb 21, 2025
State:
WA
Finished Sq Ft:
16,974
Total Sq Ft:
16,974
ZIP:
98104
Lot Size:
3,330 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
15

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Ceramic Tile, Hardwood, Carpet
Heating
Baseboard, Radiator

Exterior

Exterior Features
Brick, Log
Roof
Flat

Financial

Net Operating Income
$282,277
Tax Year
2024
Taxes
$36,231

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