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    111 Lander St Seattle, WA 98134

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    For Sale
    $2,329,800

    Three-story, 23,380 SF building suitable for manufacturing or creative uses.

    Property Features for 111 Lander St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1905

    Source: RAINIER COMMERCIAL PARTNERS LLC Agent JON BOCKMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adaptable Building Near Downtown Seattle

    Located at the entrance to Seattle’s industrial and creative center, the property at 111 South Lander Street is an adaptable building appealing to owner-users, creative tenants, and light manufacturers. Constructed in 1905, the three-story building features exposed timber and vintage charm, offering approximately 23,380 square feet of flexible space on a 9,000 square foot lot. The property is near the new Lander Street overpass and minutes from downtown. The property's adaptability stems from its open floor plates and versatile layout, making it suitable for conversion to light manufacturing, fabrication, or mixed-use creative production. The Industrial Maritime zoning (IG2 U/85 - M) supports a range of industrial and production-related uses, including warehousing and light manufacturing.
    Location Intelligence

    Current Use by Public Records

    Pony Tail Sportswear Clothing Store Sewn Product Services Research And Product Development Studio A Photographer Big Dark Spot ... Adult Entertainment Club Meryl Schenker Photography Photographer

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Pharmacy Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.333951
    Latitude
    47.5795929

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    FAQs

    What type of property is this?
    Manufacturing property - Three-story, 23,380 SF building suitable for manufacturing or creative uses.
    Where is this manufacturing property located?
    The property is located at 111 Lander St Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,329,800.
    What are key features of this property?
    This property features: - Adaptable building suited for owner-users, creative tenants, and light manufacturers.; - Flexible space of approximately 23,380 square feet.; - Prime location at the gateway to Seattle’s industrial and creative core.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Lander St Seattle, WA 98134
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