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Three-Story Storefront Building with Street-Facing Windows
For Lease
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312 1st Avenue South, Seattle, WA 98104

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

Space Size1,170 SF
Days on Market472

Property Features for 312 1st Avenue South

General Information

Standard status Active
Size 1,170 SF
Property subtype RETAIL
Zoning PSM-100
Lease Type NNN

Site & Location

Neighborhood Lower Queen Anne
Public Transit Yes

Amenities

enterprise-grade internet connectivity
shared kitchen facilities
24/7 secure building access

Building Details

Year Built 1900
Year Renovated 1982
Stories 3

Spaces For Lease

at 312 1st Avenue South
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
Listed By: Alec Gessel
Source: Moodyscre
Added: Jul 14, 2025 Changed: Oct 25 Last Checked: Oct 28 at 10:58AM

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

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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Veterinary Clinic Pet Store Pet Store & Service

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

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

Market

Lease Benchmarks for Seattle, WA

$29.29 /SF/Yr
Avg Asking Price
$19–$37 /SF/Yr
Price Range
3,902 SF
Avg Space Size

This space is priced 49% below the average of $29.29 /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

Similar Off Market Nearby

  • Flora Nova Design — 3124 Elliott Ave, Seattle, WA 98121
  • Kevin Bradford Design — 300 Queen Anne Ave N #401, Seattle, WA 98109
  • Artisan of Wonder Studios — 708 6th ave n, seattle, wa 98109

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
(425) 679-1673 Call to check price and availability
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