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    1113-1123 1St Ave Seattle, WA 98104

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    For Lease
    Contact for pricing

    Retail space in downtown Seattle near waterfront and Pike Place.

    Property size:
    3,053 SF
    Lot size:
    0.39 Acres

    Property Features for 1113-1123 1St Ave

    General Information

    Size
    3,053 SF
    Lot size
    0.39 Acres

    Source: Real Retail Agent Eric Zuehlsdorff

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

    Overview

    Retail Space Near Pike Place

    The Colonial is located on First Avenue, at the Seneca Steps access point of Seattle's New Waterfront District, and across the street from Post Alley. It is also steps away from Pike Place Market, which receives 15 million annual visitors. This retail space is situated near major ports and traffic hubs that provide access to outlying districts. The tourism district includes hotels such as the Alexis Royal Sonesta, Hotel 1000, and the Seattle Four Seasons, as well as entertainment venues including the Showbox Pike Place, The Triple Door, and Benaroya Hall. The property offers 3053 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3374747
    Latitude
    47.6057176

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    FAQs

    What type of property is this?
    Retail space - Retail space in downtown Seattle near waterfront and Pike Place.
    Where is this retail space located?
    The property is located at 1113-1123 1St Ave Seattle, WA.
    What are key features of this property?
    This property features: - Located at the Seneca Steps access point of Seattle's New Waterfront District.; - Across the street from Post Alley and steps away from Pike Place Market (15M annual visitors).; - In the most popular and exciting part of downtown Seattle.
    (206) 464-0600
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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
    1113-1123 1St Ave Seattle, WA 98104
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