206-310-7670
2501 Elliott Ave, Seattle, WA for Sale
Self-Storage Facilities - FOR SALE
1/14
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2501 Elliott Ave
Seattle, WA 98121
Belltown


HIGHLIGHTS

  • Rare Waterfront Assemblage
  • Access to Major Freeways & Arterials
  • Established Self Storage Asset (Vine Storage)
  • Supply Constrained Market Within Residentially Dense Neighborhood
  • Excellent Redevelopment Potential

OVERVIEW

11 Vine Street / 2501 Elliott Avenue offers a rare opportunity to acquire and expand a cash-flowing urban storage asset, with embedded upside and long-term land value. This offering presents a scaled self-storage investment opportunity across two contiguous parcels totaling approximately 28,801 square feet of land, improved with 74,980 square feet in Seattle’s Belltown neighborhood. The Property is anchored by a 39,298 SF turnkey self-storage facility spanning all of 11 Vine Street and the ground floor of 2501 Elliott Avenue, providing an anticipated NOI of $540,000 with the application of recent rate increases. The remaining 29,922 SF (2501 Elliott floors 2–4) consists of vacant office space, offering near-term upside through lease-up or conversion to additional storage, enabling expansion into a cohesive, institutional-quality asset. The site also offers long-term redevelopment potential given its contiguous footprint and strategic Elliott Avenue frontage, providing value security and future optionality. With strong connectivity to Downtown Seattle, Interbay, and Ballard, the Property benefits from excellent access, visibility, and a dense, growing customer base supporting sustained storage demand.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vine Street Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,801 SF

ZONING

DH275

APN/PARCEL ID

065300-0225,065300-0240

ASK ABOUT THIS PROPERTY

Steven WoodCenturyPacificMore Info
206-310-7670

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Steven WoodCenturyPacificMore Info
206-310-7670

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