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    3rd Ave, Unit 1513-1515 Seattle, WA

    For Sale
    Contact for pricing

    Prime downtown location with redevelopment potential for retail, office, residential.

    Lot size:
    0.15 Acres

    Property Features for 3rd Ave

    General Information

    Lot size
    0.15 Acres

    Source: DBW Private Brokerage, LLC Agent Godwin Moy

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

    Overview

    Downtown Seattle Redevelopment Opportunity

    This property presents an opportunity for ownership or redevelopment in Downtown Seattle. Formerly a flagship retail location for Aaron’s Brothers, the property features frontage on 3rd Avenue, a major retail and commercial strip with access to major bus lines. The building includes an open floor plan, high ceilings, and private bathrooms. Alley access facilitates loading. The DRC zoning allows for high-rise development, supporting retail, office, residential, or mixed-use projects.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.203094
    Latitude
    47.451016

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    FAQs

    What type of property is this?
    Retail space - Prime downtown location with redevelopment potential for retail, office, residential.
    Where is this retail space located?
    The property is located at 3rd Ave, Unit 1513-1515 Seattle, WA.
    What are key features of this property?
    This property features: - Prime Downtown Seattle location on 3rd Avenue with high visibility and frontage.; - DRC zoning allows for high-rise development: retail, office, residential, or mixed-use.; - Former flagship retail location with open floor plan and high ceilings.
    (206) 618-1281
    Request Owner's contact information
    3rd Ave, Unit 1513-1515 Seattle, WA
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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
    3rd Ave, Unit 1513-1515 Seattle, WA
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