Elliott Bay View Multifamily
For Sale
$4,950,000
2218 1st Ave, Seattle, WA 98121
Multifamily property with Elliott Bay and Space Needle views.
Property SizeContact for details
Days on Market250
Property Features for 2218 1st Ave
General Information
Standard status
Active
Property subtype
Land
Listed By:
Marty Leith
(206) 407-0225
Source:
Nmrk
Added: Jan 27
Changed: Sep 30
Last Checked: Oct 4 at 6:40AM
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 Marty Leith
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,422
Businesses Nearby
Explore this area
Business Placement
Demographics for 98121, WA
21,411
Population
15,781
Households
1.4
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
53,528
Density / Sq Mi
$148,974
Median Household Income
$118,893
Median Earnings
$2,329
Median Rent
$796,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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
