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    512-536 1St Ave S Seattle, WA 98104

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    For Sale
    $695,000

    Street-level condo in historic Pioneer Square, suitable for owner-users.

    Property size:
    1,092 SF
    Lot size:
    1.00 Acre

    Property Features for 512-536 1St Ave S

    General Information

    Size
    1,092 SF
    Lot size
    1.00 Acre

    Source: Westlake Associates, Inc. Agent David Petersen

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

    Overview

    Pioneer Square Commercial Condo

    This commercial condominium is situated on the street level in Seattle's historic Pioneer Square neighborhood, offering a location between the city’s financial core and stadium district. The property, currently used as an art gallery, is suitable for owner-users and has potential for use as a gallery, showroom, office, or retail space. It is located within the Florentine Condominium Building, which combines historic architecture with modern amenities. The building was renovated in 1991. The space features expansive windows, natural light, and 16-foot ceilings, with custom lighting. The property offers a New York-style loft layout and contains approximately 1,100 square feet. It includes secured access and parking for three cars, as well as a bathroom, breakroom, and loft area.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Affinda Carpet & Flooring Installation, Mafi International Rugs at Seldens Designer Home Furnishings, Carpet & Flooring USA, Carpet & Flooring USA, Carpet & Flooring USA

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3552305
    Latitude
    47.6237274

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    FAQs

    What type of property is this?
    Showroom - Street-level condo in historic Pioneer Square, suitable for owner-users.
    Where is this showroom located?
    The property is located at 512-536 1St Ave S Seattle, WA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Prominent street-level location in historic Pioneer Square, between the financial core and stadium district.; - Rare, desirable size at approximately 1,100± SF.; - Secured access and parking for three (3) cars.
    (206) 505-9400
    Request Owner's contact information
    512-536 1St Ave S Seattle, WA 98104
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    Seattle, WA 98104
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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
    512-536 1St Ave S Seattle, WA 98104
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