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    1943 1St Ave S Seattle, WA 98108

    For Lease
    $0.36 SF/Yr

    Affordable industrial and dead storage space near downtown Seattle.

    Property size:
    16,461 SF
    Lot size:
    16,461 SF

    Property Features for 1943 1St Ave S

    General Information

    Size
    16,461 SF

    Source: Matt Le Agent Matt Le

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

    Overview

    Industrial and Dead Storage Space

    This property offers affordable industrial and dead storage space with grade-level doors, situated in close proximity to downtown Seattle. The location provides excellent access on 1st Avenue South. The property includes 4,231 square feet of industrial space on the first floor, complemented by 10,000 square feet of dead storage space in the basement. The space is sprinklered and features grade-level loading and doors. The sublease for this property expires on March 31, 2028.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Macrina Bakery & Cafe Bakery N w & Co Plastic Fabrication Company Noel Holding Plastic Fabrication Company

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Public Storage, Seattle Sodo Storage, Sixth @ Lander Office & Warehouse Center

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3346953
    Latitude
    47.5846229

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    FAQs

    What type of property is this?
    Warehouse - Affordable industrial and dead storage space near downtown Seattle.
    Where is this warehouse located?
    The property is located at 1943 1St Ave S Seattle, WA.
    What is the lease rate?
    The lease rate is $0.36 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location in Seattle with access on 1st Avenue South; - Affordable industrial and dead storage space near downtown Seattle; - **10,000 SF of basement dead storage space**
    (425) 586-5647
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    1943 1St Ave S Seattle, WA 98108
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    Seattle, WA 98108
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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
    1943 1St Ave S Seattle, WA 98108
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