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Flexible Office/Retail Space
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2313 1st Ave, Seattle, WA 98121

Lease space currently configured as office, with potential for straightforward conversion to retail use.

Space Size3,509 SF
Days on Market320

Property Features for 2313 1st Ave

General Information

Standard status Active
Size 3,509 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 2313 1st Ave Contact us

Retail or Office for Lease $20/SF/Yr

Size
3,509 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Space for lease in Belltown. Current configuration is office, but could easily be...
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Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Andy Randles · License #23000294
Source: Moodyscre
Added: Oct 30, 2025 Changed: Sep 6 Last Checked: Sep 13 at 11:03AM

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

Investment Insights

Based on property information with market context.

This lease space is currently configured as office, offering an efficient layout for professional use. The space can also be converted to retail use, giving tenants flexibility depending on their operating model.

The property is located in Belltown at 2313 1st Ave, Seattle, WA 98121.

With its existing office configuration and retail conversion potential, the space is suited for users seeking a turn-key option with room to adapt.

Key Highlights

  • Space for lease in Belltown
  • Currently configured as office space
  • Could be converted to retail use

Property Analytics

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Open Analytics

Current Use

The Grill From Ipanema Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Store Pet Store & Service Daycare Center Clothing & Fashion Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,409
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$27.89 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
11,416 SF
Avg Space Size

This space is priced 28% below the average of $27.89 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lease space currently configured as office, with potential for straightforward conversion to retail use.
Where is this office units located?
The property is located at 2313 1st Ave Seattle, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Space for lease in Belltown; Currently configured as office space; Could be converted to retail use
(206) 405-0090 Call to check price and availability
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