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    1924 1St Ave Seattle, WA 98101

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    For Lease
    $15 SF/Yr ($2,485 /Mo)

    Mixed-use building in high-traffic location near Pike Place Market.

    Property size:
    1,988 SF
    Lot size:
    0.08 Acres

    Property Features for 1924 1St Ave

    General Information

    Size
    1,988 SF
    Lot size
    0.08 Acres

    Source: Ewing & Clark Comm'l Brokerage Agent Andy Randles

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

    Overview

    Prime Downtown Seattle Mixed-Use Building

    The property at 1924 1st Ave in Seattle is a mixed-use building featuring four floors of modernized office space, including two floor-through suites, and a long-term retail tenant on the ground floor. The 12,908 square foot building was fully renovated in 2004. Currently 75% occupied, the property offers cash flow with upside potential through additional lease-up. Its DMC-145 zoning supports office and retail uses. The location is directly across from Pike Place Market, with proximity to light rail, major transit lines, and the waterfront redevelopment. The property is positioned for long-term stability and appreciation in one of Seattle’s commercial districts. The property size is 1,988 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fell Swoop Design Agency Herman Miller Retail ... Furniture Store Burrard Properties Real Estate Developer MD Clarity Computer Support And Services Lemonhaze.com Database Management Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3419177
    Latitude
    47.6110218

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    FAQs

    What type of property is this?
    Office space - Mixed-use building in high-traffic location near Pike Place Market.
    Where is this office space located?
    The property is located at 1924 1St Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Seattle location directly across from Pike Place Market; - Mixed-use building with modernized office space and a long-term retail tenant, ensuring diverse income; - Immediate cash flow with upside potential through additional lease-up (currently 75% occupied)
    (206) 695-4823
    Request Owner's contact information
    1924 1St Ave Seattle, WA 98101
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    Seattle, WA 98101
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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
    1924 1St Ave Seattle, WA 98101
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