213 1st Ave S - Apartments FOR SALE


Seattle, WA 98104- Pioneer Square
$5,500,000 USD
206-300-0115
213 1st Ave S, Seattle, WA for Sale
$5,500,000 USD
Apartments - FOR SALE
1/4
null | 5.13% Cap Rate

213 1st Ave S
Seattle, WA 98104
Pioneer Square


HIGHLIGHTS

  • Tourist District
  • Rooftop Decks, Views
  • Exposed Brick Walls

OVERVIEW

Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Dating back to 1900, this meticulously maintained 4 story building artfully blends historic character with modern enhancements, promising both dependable returns and future growth. The residential section offers 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 efficient micro lofts, and 1 expansive studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with added conveniences like on-site laundry and an elevator servicing all four floors. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st Street with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$324 USD /SF

# OF UNITS

-

CAP RATE

5.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,244 SF

ZONING

PSM100

APN/PARCEL ID

524780-0110

ASK ABOUT THIS PROPERTY

Ben KaufmanCompassMore Info
206-300-0115

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Ben KaufmanCompassMore Info
206-300-0115

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