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    Downtown Seattle, WA Commercial Real Estate for Sale

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    Renton, WA Kent, WA Tukwila, WA
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    Pioneer Square Commercial Condo
    Updated: Apr 10, 2025
    Pioneer Square Commercial Condo

    512 1st Ave S, Seattle, WA 98104

    $925,000
    2,925 sqft
    Prime Pioneer Square location: heart of the neighborhood, surrounded by amenities.
    Unique classic brick commercial condominium.
    Soaring ceilings and large window frontage.
    3 secure parking stalls included.
    Steps from stadiums, parks, light rail, ferry terminal, and new Seattle waterfront.
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    This listing looks promising.

    Here's a quick look at some key insights for

    512 1st Ave S, Seattle, WA 98104

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $51K
      Annual

    • Price @ 7% Cap

      $734K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1946
    View Property Analytics
    Pioneer Square Commercial Condo
    Updated: Jan 22
    Pioneer Square Commercial Condo

    512 1st Ave S, Seattle, WA 98104

    $695,000
    1,281 sqft
    Prime Pioneer Square location, convenient to both the financial core and stadium district.
    Versatile 1,280 SF space suitable for gallery, showroom, office, or retail.
    Includes parking for three cars.
    Features 16’ ceilings and expansive windows.
    Located in the historic Florentine Condominium.
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    Pike-Pine Corridor Office Building
    Pike-Pine Corridor Office Building

    1518 3rd Ave, Seattle, WA 98101

    $2,500,000
    41,705 sqft

    Seven-story office building with retail and redevelopment potential.

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    First Hill High-Rise Development Site
    First Hill High-Rise Development Site

    815 9th Avenue #3 & 6, Seattle, Seattle, WA 98104

    $8,200,000
    0.25 AC lot

    High-rise development site in First Hill with approved MUP.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Development Site in International District
    Development Site in International District

    1038 S King Street #14, Seattle, WA 98104

    $3,290,000
    0.14 AC lot

    6,000 SF development site in Seattle's International District.

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    Seattle Commercial Condo Live/Work Space
    Seattle Commercial Condo Live/Work Space

    1512 Alaskan Way, Seattle, WA 98101

    $998,000
    2,010 sqft

    Commercial condo near Pike Place Market and Seattle's Waterfront.

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    Eastlake Office Space Available
    Eastlake Office Space Available

    1910 Fairview Avenue East, Seattle, WA 98101

    Contact for pricing
    51,000 sqft

    Office spaces in Eastlake area of Lake Union for lease.

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    South Lake Union Development Opportunity
    South Lake Union Development Opportunity

    232 7th Ave N, Seattle, WA 98104

    $4,495,000
    0.15 AC lot

    Prime location with strong income and future development potential.

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    Seattle Hospitality Property for Sale
    Seattle Hospitality Property for Sale

    520 S King St, Seattle, WA 98104

    Contact for pricing

    Hospitality property available in Seattle, Washington.

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    Established Cantonese Restaurant Business Opportunity
    Established Cantonese Restaurant Business Opportunity

    606 S Weller St, Seattle, WA 98104

    $128,000

    Turnkey restaurant business for sale in a high-traffic location.

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    Seattle Redevelopment Opportunity Zone Property
    Seattle Redevelopment Opportunity Zone Property

    412 7th Ave S, Seattle, WA 98104

    $3,290,000
    29,816 sqft

    Redevelopment property in Seattle's Chinatown International District.

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    Pioneer Square Mixed-Use Investment
    Pioneer Square Mixed-Use Investment

    213 1st Avenue S, Seattle, WA 98104

    $4,900,000
    0.08 AC lot

    Turnkey mixed-use property in Seattle's Pioneer Square.

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    Established Noodle House For Sale
    Established Noodle House For Sale

    418 8th Ave S, Seattle, WA 98104

    $90,000

    Turnkey restaurant with loyal customer base and immediate revenue potential.

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    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    213 1ST, Seattle, WA 98104

    $4,900,000
    16,974 sqft

    Four-story mixed-use building with leased ground-floor retail and 13 residential units.

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    Downtown Seattle Commercial Condominium
    Downtown Seattle Commercial Condominium

    819 Virginia St, Seattle, WA 98101

    $1,795,000
    3,126 sqft

    Rare commercial condominium in downtown Seattle, suitable for various businesses.

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    Corner Office Condo with Retail Buildout
    Corner Office Condo with Retail Buildout

    818 Stewart St, Seattle, WA 98101

    $3,500,000
    5,780 sqft

    Corner first-floor condo offers leased space and an available footprint with existing credit union buildout for flexible re-use.

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    Hotel Room Portfolio For Sale
    Hotel Room Portfolio For Sale

    600 5th Avenue, Seattle, WA 98104

    $175,000

    6,916 hotel rooms available for sale across multiple locations.

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    Medical Condo in Seattle's District
    Medical Condo in Seattle's District

    1229 Madison St, Seattle, WA 98104

    $1,750,000
    2,352 sqft

    Move-in ready medical condo with downtown views and parking.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Downtown Seattle, WA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Downtown Seattle, WA

    Consider similar Off-Market properties in Downtown Seattle, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    670 Weller St
    BOARDING/ROOMING HOUSE

    670 Weller St, Seattle, WA 98104-2945

    $2,780,000
    Estimated value
    28,800 sqft · 0.17 AC lot
    View details
    210 2nd Ave S Ext
    RETAIL STORES (PERSONAL SERVICES)

    210 2nd Ave S Ext, Seattle, WA 98104

    $1,940,000
    Estimated value
    12,384 sqft · 0.10 AC lot
    View details
    206 1st S Ave
    OFFICE (GENERAL)

    206 1st S Ave, Seattle, WA 98104-2581

    $3,700,000
    Estimated value
    20,415 sqft · 0.08 AC lot
    View details
    202 1st S Ave
    OFFICE BUILDING

    202 1st S Ave, Seattle, WA 98104

    $4,665,000
    Estimated value
    28,216 sqft · 0.15 AC lot
    View details
    1800 Yale Ave
    HOTEL/MOTEL

    1800 Yale Ave, Seattle, WA 98101-1433

    Value Estimation by Request
    171,866 sqft · 0.33 AC lot
    View details
    1800 Yale Ave
    HOTEL/MOTEL

    1800 Yale Ave, Seattle, WA 98101-1433

    Value Estimation by Request
    6,045 sqft · 0.17 AC lot
    View details

    Downtown Seattle, WA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Downtown Seattle, WA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 148,530 square feet of properties for sale, with an estimated market value of $37,878,000.

    Sale prices for business properties in Downtown Seattle, WA start at $500,000, averaging $2,913,692, and reaching up to $9,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1.02M
    Population Growth (5Y) +5.3%
    Median Household Income $117,466
    College Educated 45.8%

    High-Yield Neighborhoods for Investment

    Identify Seattle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Renton $2.5M
    Seattle $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.84%
    Property Tax per SF $5.91 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Seattle fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Seattle, WA

    • 98104
    • 98101

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