Listing Agency: CBRE - Seattle

Listed By: Steven Brunette · License #WA 17803

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:22AM

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Investment Insights

Based on property information with market context.

This 5,178-square-foot office condominium is positioned within Seattle’s Central Business District and provides entry from Post Alley. The property is located at 1114 1st Ave, Seattle, WA 98101, placing the office unit within the city’s central business district environment.

The asset is offered for sale as an office unit, with access from the adjacent alley serving as a distinct physical feature of the property.

Key Highlights

• 5,178 SF office condominium
• Entry from Post Alley
• Located in Seattle’s Central Business District

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Veterinary Clinic Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,796

Businesses Nearby

Explore this area Business Placement

Demographics for 98101, WA

16,237

Population

13,193

Households

1.2

Avg Household Size

36

Median Age

71%

College-Educated

96%

High-School Grad

0.5 sq mi

ZIP Area

32,474

Density / Sq Mi

$128,143

Median Household Income

$106,620

Median Earnings

$2,476

Median Rent

$741,400

Median Home Value

Market

Vacancy Rate% for Office in Seattle, WA

8.5% 2019

13.4% 2020

17.6% 2021

19.5% 2022

24.3% 2023

30% 2024

32.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office condominium with entry from Post Alley in Seattle’s Central Business District.

Where is this office units located?

The property is located at 1114 1st Ave Seattle, WA.

What are key features of this property?

This property features: 5,178 SF office condominium; Entry from Post Alley; Located in Seattle’s Central Business District