1521-1523 3rd Ave - Office CONDO FOR SALE


Seattle, WA 98101- Downtown Seattle
$2,300,000 USD
425-419-6724
1521-1523 3rd Ave, Seattle, WA for Sale
$2,300,000 USD
Office CONDO - FOR SALE
1/15
null | Request Cap Rate

1521-1523 3rd Ave
Seattle, WA 98101
Downtown Seattle


HIGHLIGHTS

  • 9,233-SF OWNER/USER RETAIL COMMERCIAL CONDO WITH STABLE RENTAL INCOME IN PRIME DOWNTOWN SEATTLE - Priced To Sell
  • High traffic and high exposure on Pike –Pine Corridor.
  • Unparallel access to transit: several bus routes and adjacent to the Westlake light rail station.
  • Major employers within a few blocks.
  • Owner/User or Value add investment
  • Highly flexible permitted uses

OVERVIEW

Exceptional opportunity to acquire a 9,233-SF, high-foot-traffic retail commercial condominium within the mixed-use, historic landmark Fischer Studio Building in the Pike-Pine Corridor. Located in a dynamic and hyperconnected environment, it is offered at a competitive price. The property's strategic location ensures accessibility and exposure for a thriving business: it is within walking distance of Pike Place Market and the newly transformed waterfront. It offers unparalleled access to transit, sitting adjacent to the Westlake light rail station, and is surrounded by a high concentration of major employers, entertainment, shopping, flagship stores, hotels and restaurants — the convergence point of Seattle's retail, cultural, and corporate sectors. The area is also home to unrivaled AI and tech proximity; Seattle ranks 3rd in the U.S. for AI sector growth. Within a few blocks, major employers include Uber, Zillow, Nordstorm, Oracle, Qualtrics, DocuSign, Deloitte & Perkins Cole.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Medical, Health Club

TOTAL BUILDING SIZE

51,880 SF

STORIES

8

BUILDING CLASS

C

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

DRC 85-170

APN/PARCEL ID

256800-0020

ASK ABOUT THIS PROPERTY

Sihem ChamakhKelly Right REMore Info
425-419-6724

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Sihem ChamakhKelly Right REMore Info
425-419-6724

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.