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    562 1St Ave South Seattle, WA 98104

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    For Lease
    $17 SF/Yr ($4,173 /Mo)

    2,898 SF flex/retail space in Seattle's SODO district.

    Property size:
    2,898 SF
    Lot size:
    0.25 Acres

    Property Features for 562 1St Ave South

    General Information

    Size
    2,898 SF
    Lot size
    0.25 Acres

    Source: Coldwell Banker Bain-Mercer Island Agent Samuel Piha, CCIM

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

    Overview

    SODO Flex/Retail Space Available

    This 2,898 square foot flex/retail space is located in Seattle's SODO district. The property offers access to I5 and I90 and is near Lumen Field and T-Mobile Park. The space includes three offices, dock high loading, and grade-level loading, accommodating various business needs and logistical operations.
    Location Intelligence

    Current Use by Public Records

    The Custom Plate, LLC Caterer Tesla Solar Seattle Solar Energy Equipment Supplier MR Plumber Seattle ... Plumber TrademarkGS Graphic Designer Proforma Brand Marketing Marketing Consultant

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3335638
    Latitude
    47.5964612

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    FAQs

    What type of property is this?
    Retail space - 2,898 SF flex/retail space in Seattle's SODO district.
    Where is this retail space located?
    The property is located at 562 1St Ave South Seattle, WA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Seattle's SODO district; - Excellent access to I5 and I90; - 2,898 square foot flex/retail space
    (206) 794-6008
    Request Owner's contact information
    562 1St Ave South 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
    562 1St Ave South Seattle, WA 98104
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