1117 Pike Street, Seattle, WA 98101
Courtesy of Westlake Associates, Inc.
- $1,998,000
- List Price
- $1,998,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 2582606
- Subtype
- Commercial Sale
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1909
- Lot Size
- 3,600
- Acres
- 0.08
- Subdivision
- Capitol Hill
- Neighborhood
- Capitol Hill
- MLS Area Major
- Central Seattle
Property Description
This 10,800 SF three-story property at the intersection of Capitol Hill and Downtown Seattle is located within the Pike/Pine corridor with proxiity to employment, retail, entertainment, and residential amenities. The property is currently leased to an established tenant at $12,000 per month + NNN Expenses. Potential repositioning strategies include mixed-use residential apartments with retail, hotel or hostel accommodations, gallery or artist spaces, work lofts, creative or traditional office uses, or continued operation as a membership-based private club. The in-place cash flow offers a foundation from which to evaluate future repositioning or redevelopment strategies, while the property’s central location and building configuration provide multiple avenues for long-term value creation. Exterior: Wood Frame; Heat: Hot Water; Roof: Flat - TPO Membrane; Zoning: NC3P-95 (M)
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Additional Information
- Exterior Features
- See Remarks
- Property Description
- 61 - Comm Bldg Ovr 10K
- Heating
- See Remarks
- Air Conditioning
- None
- Roof
- Flat
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