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Elliott Bay View Multifamily Property

2218 1st Ave Seattle, WA 98121

2218 1st Ave, Seattle, WA, 98121
$4,950,000
For Sale
$4,950,000

Multifamily property with Elliott Bay and Space Needle views.

Days on Market175

Property Features for 2218 1st Ave

General Information

Standard status
Active
Property subtype
Land
Listing agency NEWMARK
Listed by Marty Leith · License #26433
Source Nmrk
Added: Jan 27 Updated: Jul 6 at 10:16AM Checked: Jul 21 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEWMARK


Investment Insights

Based on property information with market context.

This multifamily property, suitable for apartment buildings, residential income, and retail space, offers spectacular views of Elliott Bay and the Space Needle. The property features attractive tenant amenities and an efficient floorplan. Highly desirable restaurant and retail space is available. Subject to the 2015 Energy Code, the property offers potential cost savings. The Puget Sound Region is a vibrant and dynamic economy, recognized as the business, financial, and cultural center of the Pacific Northwest. The greater Seattle area possesses well-capitalized and innovative companies that are global leaders in industries such as aerospace, biotechnology, and wireless services. Leading companies and organizations that draw upon the area’s highly educated and productive workforce include Microsoft, Amazon, Boeing, Expedia, F5 Networks, Nordstrom, Costco Wholesale, REI, Starbucks, Nintendo, Expeditors International, and PACCAR. The Region benefits from the unique confluence of capital, a highly educated workforce, and an environment of collaboration. At the center of this environment is the University of Washington, a globally respected research-based institution, and The Bill and Melinda Gates Foundation. This environment has attracted innovative and high-growth companies to establish a presence in the region, including industry leaders Google, META, Apple, Adobe, Getty Images, Zillow, DocuSign, SalesForce.com, T-Mobile, AirBnB, and eBay.

Key Highlights

  • Spectacular Elliott Bay and Space Needle Views
  • Highly desirable restaurant/retail space
  • Attractive tenant amenities

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

First & Bell Hotel & Motel

Suggested Use

Food Market Grocery & Convenience Store Florist Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Supermarket (Bike/Boat/Book/etc) Store Mobile Phone Store

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

FAQs

What type of property is this?
Apartment building - Multifamily property with Elliott Bay and Space Needle views.
Where is this apartment building located?
The property is located at 2218 1st Ave Seattle, WA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Spectacular Elliott Bay and Space Needle Views; Highly desirable restaurant/retail space; Attractive tenant amenities
Contact an agent
More about this property
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