Prime Downtown Seattle Mixed-Use
For Lease
Contact for pricing
1924 1st Avenue, Seattle, WA
Mixed-use building in high-traffic location near Pike Place Market.
Space Size1,988 SF - 2,860 SF
Lot Size0.08 Acres
Days on Market721
Property Features for 1924 1st Avenue
General Information
Standard status
Active
Size
1,988 SF - 2,860 SF
Lot size
0.08 Acres
Property subtype
OFFICE
Lease Type
NNN
Spaces For Lease
at 1924 1st Avenue Contact usStunning 1st Ave Office Space $15/SF/Yr
Floor
4/5
Size
1,988 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Creative Office Space $15/SF/Yr
Floor
2
Size
2,860 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
2nd floor office on the best block in the city! Full floor with private and secure access makes it's a perfect office space for those looking to be in the heart of downtown. Space includes reception desk, conference room, two private office spaces, work areas, two restrooms, and a kitchenette. Fully renovated building includes secured key fob access, HVAC, high speed
fiber, modern MEP, life safety systems and elevator. Walking distance to Pike Place Market, convenient transit options including Light Rail and 30+ bus lines.
Contact us
Listing Agency:
Ewing & Clark Comm'l Brokerage
(206) 695-4823
Listed By:
Andy Randles
(206) 405-0090
Source:
Moodyscre
Added: Oct 31, 2024
Changed: Oct 5
Last Checked: Oct 20 at 8:47PM
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 Ewing & Clark Comm'l Brokerage
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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)
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
15,573
Businesses Nearby
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Business Placement
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Market
Lease Benchmarks for Seattle, WA
$27.96 /SF/Yr
Avg Asking Price
$2.56–$53 /SF/Yr
Price Range
12,237 SF
Avg Space Size
This space is priced 46% below the average of $27.96 /SF/Yr.
Vacancy Rate% for Office in Seattle, WA
Frequently Asked Questions
What type of property is this?
Office unit - Mixed-use building in high-traffic location near Pike Place Market.
Where is this office unit located?
The property is located at 1924 1st Avenue 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)
