Belltown Redevelopment
2200 1st Avenue Seattle, WA 98121
2200 1st Avenue, Seattle, WA, 98121
$3,800,000
For Sale
$3,800,000
Value-add investment in the heart of Belltown neighborhood.
Property Size9,990 SF
Price / SF$380.38
Days on Market237
Property Features for 2200 1st Avenue
General Information
- Standard status
- Active
- Size
- 9,990 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing agency
NAI PUGET SOUND PROPERTIES
(206) 660-8768
Listed by
WYK PARKER · License #873009985
Source
Corcoran
Added: Nov 27, 2025 Updated: Jul 6 at 9:57AM Checked: Jul 21 at 5:51AM
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 NAI PUGET SOUND PROPERTIES
Investment Insights
Based on property information with market context.
The property at 2204 First Avenue presents a value-add investment and redevelopment opportunity. It is located three blocks north of Pike Place Market, situated in the heart of the Belltown neighborhood. The zoning allows for the construction of a 9-story building that would offer views of Elliott Bay and the Olympic Mountains. The existing three-story building, which has a gross square footage of 9,990, offers versatility. It can be leased to generate income while planning for future redevelopment, or it can be land banked. The building currently contains 13 living units that can remain as multifamily residential units or be converted for hotel use. The street-level retail space can be converted into a hotel lobby or other uses, or it can continue to operate as a convenience store.
Key Highlights
- Prime redevelopment opportunity in the heart of Belltown, just 3 blocks from Pike Place Market.
- Zoning allows for a 9‑story building with potential views of Elliott Bay and the Olympic Mountains.
- Existing building provides income potential while planning or land banking.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
2200 first : jll
Property Management Company
OAC Seattle
Construction Company
Porch
Corporate Office
MovingPlace
Moving Company
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Value-add investment in the heart of Belltown neighborhood.
Where is this commercial land located?
The property is located at 2200 1st Avenue Seattle, WA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in the heart of Belltown, just 3 blocks from Pike Place Market.; Zoning allows for a 9‑story building with potential views of Elliott Bay and the Olympic Mountains.; Existing building provides income potential while planning or land banking.
