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    911 Pike St Seattle, WA 98122

    Sponsored
    For Lease
    $22 SF/Yr

    Seattle's vibrant Capitol Hill: Prime office & retail.

    Lot size:
    42,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Capitol Hill property, located at 911 E Pike St, Seattle, WA 98122, offers a unique blend of retail, office, and special-purpose spaces. The two-building complex, constructed in 1914 and extensively renovated in 2023, boasts a total of 42,000 square feet across three stories. Fifteen individual suites are available within the building, with 3,180 square feet currently vacant. The property features impressive 11-foot ceilings and is conveniently located in the heart of Capitol Hill's bustling commercial district, benefiting from high foot traffic due to its proximity to schools, universities, and hospitals. Public transportation is readily accessible via Sound Transit's light rail station and the First Hill Streetcar line. While the property does not include parking spaces, its central location minimizes the need for on-site parking. Elevators are available for convenient access to all three floors. This prime location offers unparalleled access to Seattle's vibrant cultural scene, including trendy boutiques, cafes, and artistic venues. The property's creative office subtype makes it ideal for businesses seeking a unique and inspiring work environment in a thriving neighborhood. This is a rare opportunity to acquire a well-maintained, historically significant building in one of Seattle's most desirable locations.

    Property Features for 911 Pike St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,000 SF
    Total Rate
    77000

    Building Details

    Year Built/Renovated
    1914/2023
    Buildings
    2
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 333
    Size
    4,007 SF
    Rate per SF
    $26
    Space
    Suite 206
    Size
    2,261 SF
    Rate per SF
    $22

    HighLights

    • Prime Capitol Hill location with updated historic charm, exposed brick & beam, and high ceilings.
    • Modern amenities include a common area meeting room, dedicated HVAC, and fiber optic internet.
    • Secure building with an oversized passenger elevator and on‑site management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Raynier Institute & Foundation Non-Profit Organization Arc Appliance Appliance Repair Service Cedar Law PLLC Law Firm One Reel Event Planner Melissa O'Hearn Photographer Photographer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.32005164253
    Latitude
    47.614115121538

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    FAQs

    What type of property is this?
    Office space - Seattle's vibrant Capitol Hill: Prime office & retail.
    Where is this office space located?
    The property is located at 911 Pike St Seattle, WA.
    What is the lease rate?
    The lease rate is $22-$26 SF/Yr.
    What are key features of this property?
    This property features: Prime Capitol Hill location with updated historic charm, exposed brick & beam, and high ceilings.; Modern amenities include a common area meeting room, dedicated HVAC, and fiber optic internet.; Secure building with an oversized passenger elevator and on-site management.
    Request Owner's contact information
    911 Pike St Seattle, WA 98122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    911 Pike St Seattle, WA 98122
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