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    2106 3Rd Ave Seattle, WA 98121

    Sponsored
    For Lease
    $35 SF/Yr ($6,199 /Mo)

    Prime Seattle location, 2,110 sq ft, high visibility.

    Lot size:
    2,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,110-square-foot commercial space in Seattle's vibrant Belltown neighborhood presents a unique opportunity for a single tenant. Located at 2106 3rd Avenue, this property boasts excellent street visibility, ideal for retail or office use. The building, constructed in 1973, offers a traditional office layout with ample storage. The 0.3-acre lot includes two parking spaces, a valuable asset in this bustling area. Zoned DMRR, this property benefits from its location in King County, Washington, zip code 98121. Its proximity to major attractions like Pike Place Market and the Olympic Sculpture Park, coupled with convenient access to public transportation via a main bus line, ensures high foot traffic and accessibility. The space is currently vacant and ready for immediate occupancy. This is a rare opportunity to establish a presence in one of Seattle's most dynamic and sought-after neighborhoods.

    Property Features for 2106 3Rd Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,110 SF
    Total Rate
    6199.88

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,110 SF
    Rate per SF
    $35

    HighLights

    • 2,110 sq ft commercial space in Seattle's Belltown neighborhood at 2106 3rd Avenue.
    • Excellent street visibility, suitable for retail or office use.
    • Features ample storage and two parking spaces on a 0.3‑acre lot.
    • Located in King County, WA, zip code 98121, zoned DMRR.
    • Benefits from high foot traffic due to proximity to Pike Place Market, Olympic Sculpture Park, and public transportation.
    • Currently vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Daycare Center Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.34261328
    Latitude
    47.61338299

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    FAQs

    What type of property is this?
    Individual retail property - Prime Seattle location, 2,110 sq ft, high visibility.
    Where is this individual retail property located?
    The property is located at 2106 3Rd Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 2,110 sq ft commercial space in Seattle's Belltown neighborhood at 2106 3rd Avenue.; Excellent street visibility, suitable for retail or office use.; Features ample storage and two parking spaces on a 0.3-acre lot.
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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
    2106 3Rd Ave Seattle, WA 98121
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