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Historic Office Building with High Ceilings
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705 2nd Ave, Seattle, WA 98104

Historic 1911 office building currently occupied primarily by law firms, featuring high ceilings with marble details and decorative cornices.

Space Size13,196 SF
Days on Market1476

Property Features for 705 2nd Ave

General Information

Standard status Active
Size 13,196 SF
Property subtype RETAIL

Building Details

Year Built 1911

Spaces For Lease

at 705 2nd Ave
The Hoge Building AVAILABLE
Size 13,196 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
The Hoge Building represents Seattle’s transition from frontier town to a metropolitan urban center. In the race to build Seattle’s tallest tower during Seattle’s rapid growth as the western Boom Town, the Hoge Building took less than a year to complete and was among the first high-rises in the-then emerging financial district. It was originally built as the headquarters for Union Savings & Trust Bank in 1911 and is now comprised primarily of prestigious law firms. The Hoge Building is a distinctive and beautiful building aesthetically ornate in the heart of the financial district at Second Avenue and Cherry Street. The building offers stunning interior and extravagant high ceilings with marble details and decorative cornices.
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Listing Agency: Real Retail
Listed By: Deborah Ross
Source: Moodyscre
Added: Sep 22, 2022 Changed: Oct 5 Last Checked: Oct 5 at 7:42PM

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 Real Retail

Investment Insights

Based on property information with market context.

The Hoge Building is a historic office property completed in 1911 and originally built as the headquarters for Union Savings & Trust Bank. Today, it is primarily occupied by law firms and offers an ornate interior with high ceilings, marble details, and decorative cornices.

The building is located in the heart of Seattle’s financial district at Second Avenue and Cherry Street, placing it within a central downtown commercial environment.

With its longstanding pedigree and distinctive architectural finishes, the Hoge Building presents a well-suited setting for office tenants seeking a character-forward space with prominent interior detailing.

Key Highlights

  • Historic office building built in 1911
  • Currently occupied primarily by law firms
  • Former headquarters for Union Savings & Trust Bank

Property Analytics

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Open Analytics

Current Use

Nicholas Knapton, P.S. Accounting Firm Frank Freed Subit ... Law Firm Black & Askerov, PLLC Law Firm Washington Bike Law Law Firm Higuera & VanDerhoef PLLC Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Pet Store Pet Store & Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,054
Businesses Nearby

Demographics for 98104, WA

16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$33.9 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
26,567 SF
Avg Space Size

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic 1911 office building currently occupied primarily by law firms, featuring high ceilings with marble details and decorative cornices.
Where is this office building located?
The property is located at 705 2nd Ave Seattle, WA.
What are key features of this property?
This property features: Historic office building built in 1911; Currently occupied primarily by law firms; Former headquarters for Union Savings & Trust Bank
(206) 849-2351 Call to check price and availability
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