Historic Office
For Sale
Contact for pricing
209 1/2 1st Ave S, Seattle, WA 98104
Three-story office and retail property with brick interiors, high ceilings, and an existing multi-tenant lease profile.
Property SizeContact for details
Days on Market144
Property Features for 209 1/2 1st Ave S
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
MaKensay Real Estate Services Inc.
(206) 623-9300
Listed By:
Frank Buchanan · License #WA
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 6:39PM
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 MaKensay Real Estate Services Inc.
Investment Insights
Based on property information with market context.
The Marathon Building is a historic office and retail property in Seattle’s Pioneer Square neighborhood. The structure provides 3 stories above a full basement, with exposed brick walls and high ceilings contributing to its creative character. The building is fully leased to 4 tenants, providing an established multi-tenant configuration.
Located at 209 1/2 1st Ave S, the property offers access to food, transportation, and entertainment throughout the surrounding area. Pioneer Square is also part of planned improvements tied to Seattle’s Central Waterfront, including a 20-acre linear park and pedestrian and landscape upgrades along key east-west streets. The property carries a Walk score of 97 and a Transit score of 100.
Located at 209 1/2 1st Ave S, the property offers access to food, transportation, and entertainment throughout the surrounding area. Pioneer Square is also part of planned improvements tied to Seattle’s Central Waterfront, including a 20-acre linear park and pedestrian and landscape upgrades along key east-west streets. The property carries a Walk score of 97 and a Transit score of 100.
Key Highlights
- 3 stories over a full basement
- Fully leased to 4 tenants
- Historic office and retail building in Pioneer Square
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,655
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-story office and retail property with brick interiors, high ceilings, and an existing multi-tenant lease profile.
Where is this office building located?
The property is located at 209 1/2 1st Ave S Seattle, WA.
What are key features of this property?
This property features: 3 stories over a full basement; Fully leased to 4 tenants; Historic office and retail building in Pioneer Square
