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Historic Office Building in Seattle
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705 2nd Ave, Seattle, WA 98104

Prestigious office space in Seattle's financial district.

Space SizeContact for details
Property Size96,076 SF
Days on Market108

Property Features for 705 2nd Ave

General Information

Standard status Active
Size 96,076 SF
Class B
Property subtype Office

Building Details

Building Size 96,076 SF
Year Built 1911
Buildings 1
Listing Agency: Kidder Mathews - Seattle
Listed By: David Gurry · License #13118
Source: Kidder
Added: May 21 Changed: Sep 3 Last Checked: Jul 7 at 11:53PM

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 Kidder Mathews - Seattle

Investment Insights

Based on property information with market context.

The Hoge Building, completed in under a year, marked Seattle’s transition to a metropolitan urban center. Constructed in 1911 during Seattle’s rapid growth, it was among the first high-rises in the emerging financial district. Originally built as the headquarters for Union Savings Trust Bank, the building now primarily houses law firms. Located in the heart of the financial district at Second Avenue and Cherry Street, the Hoge Building features ornate aesthetics, extravagant high ceilings, marble details, and decorative cornices. The property offers 13196 square feet of office space.

Key Highlights

  • Located in the heart of the financial district at Second Avenue and Cherry Street.
  • Stunning interior with extravagant high ceilings.
  • Ornate architectural details including marble and decorative cornices.

Property Analytics

Current Use

Nicholas Knapton, P.S. Accounting Firm Frank Freed Subit ... Law Firm Black & Askerov, PLLC Law Firm Washington Bike Law Law Firm Higuera & VanDerhoef PLLC Law Firm

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Florist Butcher Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

3,054
Businesses Nearby

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

$32.9 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
34,248 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Prestigious office space in Seattle's financial district.
Where is this office building located?
The property is located at 705 2nd Ave Seattle, WA.
What are key features of this property?
This property features: Located in the heart of the financial district at Second Avenue and Cherry Street.; Stunning interior with extravagant high ceilings.; Ornate architectural details including marble and decorative cornices.
More about this property
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