Building Details

Year Built 1900

Year Renovated 1982

Stories 3

Spaces For Lease

at 312 1st Avenue South Contact us

NORD Building $15/SF/Yr

Floor

1

Size

1,170 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE

The Nord Building – Strategic Location, Historic Distinction Positioned at 314... 1st Avenue South in Pioneer Square, the Nord Building delivers a compelling value proposition for businesses seeking a prestigious Seattle address with tangible operational advantages. This three-story commercial property, constructed in 1900 and professionally renovated in 1982, combines architectural distinction with contemporary business infrastructure. Ground-floor spaces feature expansive street-facing windows that maximize visibility and customer engagement – a strategic asset for retail operations, food service establishments, or client-facing businesses requiring strong foot traffic conversion. Upper-level office suites and coworking environments provide efficient, professional workspaces equipped with enterprise-grade internet connectivity, shared kitchen facilities, and 24/7 secure building access to support flexible business operations. The property's Pioneer Square location offers significant competitive advantages: proximity to a concentrated mix of commercial, dining, and professional services; superior public transportation access including multiple transit lines; and high walkability scores that facilitate client meetings and employee commutes. The surrounding business ecosystem includes established corporate tenants, legal and professional services firms, and a robust dining and hospitality sector. PSM-100 zoning provides operational flexibility for diverse business applications. Building management is handled by AGM Real Estate Group LLC, offering institutional-grade tenant services including digital payment processing, systematic maintenance protocols, and centralized communications infrastructure to minimize administrative burden. The Nord Building represents a strategic real estate decision: proven location performance, maintained historic assets, and professional building operations supporting long-term business objectives.

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Listing Agency: AGM Real Estate Group LLC Show Phone

Listed By: Alec Gessel Show Phone

Source: Moodyscre

Added: Jul 14, 2025 Changed: Aug 8 Last Checked: Aug 22 at 5:49AM

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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 AGM Real Estate Group LLC

Investment Insights

Based on property information with market context.

The Nord Building is a three-story commercial property featuring ground-floor storefront spaces with expansive, street-facing windows designed to enhance visibility. Built in 1900 and professionally renovated in 1982, the building also provides upper-level office suites and coworking environments.

Business-ready amenities include enterprise-grade internet connectivity, shared kitchen facilities, and 24/7 secure building access. The property is positioned at 312 1st Avenue South in Seattle’s Pioneer Square, with multiple transit lines nearby and a highly walkable surrounding area that supports frequent customer and client visits.

The building offers operational flexibility under PSM-100 zoning, supporting a range of client-facing and workspace-oriented uses. Building management is handled by AGM Real Estate Group LLC, providing centralized communications and systematic maintenance protocols intended to support day-to-day tenant operations.

Key Highlights

• Ground‑floor storefront spaces with expansive street‑facing windows for visibility
• Built in 1900 and professionally renovated in 1982
• Three‑story commercial building with upper‑level office suites and coworking space

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Butcher Electrical Service (Bike/Boat/Book/etc) Store Florist Nursing Home Adult Day Care

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

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,609

Businesses Nearby

Under-served

Demand for This Use

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

Lease Benchmarks for Seattle, WA

$24.63 /SF/Yr

Avg Asking Price

$12–$35 /SF/Yr

Price Range

6,327 SF

Avg Space Size

This space is priced 39% below the average of $24.63 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Three-story storefront building with street-facing windows and flexible PSM-100 zoning for retail, office, or coworking use.

Where is this storefront property located?

The property is located at 312 1st Avenue South Seattle, WA.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Ground‑floor storefront spaces with expansive street‑facing windows for visibility; Built in 1900 and professionally renovated in 1982; Three‑story commercial building with upper‑level office suites and coworking space