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    2207 3Rd Ave Seattle, WA 98121

    Sponsored
    For Sale
    $860,000

    Seattle prime location, 1515 sq ft.

    Property size:
    1,515 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,515 square foot commercial space, located at 2207 3rd Ave, Suite C-2 in Seattle's vibrant Belltown neighborhood (zip code 98121), presents a unique investment opportunity. Currently operating at 100% occupancy under a modified lease, this Class B property is ideally suited for a variety of uses, including creative, executive, or traditional office space, or retail. Situated on a prominent corner location at the base of The Grandview luxury condominiums, the space boasts excellent street visibility and signage opportunities, maximizing exposure to the high foot traffic of this bustling area. Ten large storefront windows provide exceptional connection with the community. The interior features an in-suite bathroom, a small kitchenette, and ample storage space. The property's location offers unparalleled convenience, with numerous restaurants and shops nearby, and close proximity to Seattle's waterfront, Pike Place Market, and the Olympic Sculpture Park. The asking price is $860,000, translating to $567.66 per square foot. Please note that the space is currently occupied. This property represents a strong investment in a thriving Seattle location.

    Property Features for 2207 3Rd Ave

    General Information

    Property type
    Office space
    Square Feet
    1,515 SF
    Class
    B

    HighLights

    • 1,515 SF commercial space in Seattle's Belltown neighborhood (98121) at 2207 3rd Ave, Suite C‑2.
    • Class B property, 100% occupied under a modified lease, ideal for office or retail.
    • Prominent corner location with high street visibility and signage opportunities near The Grandview condominiums.
    • Features ten large storefront windows, in‑suite bathroom, kitchenette, and ample storage.
    • Asking price: $860,000 ($567.66/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    La moon massage ... Massage Spa Helen Salon Wax ... Hair Removal Service

    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
    -122.34356818743
    Latitude
    47.614021536649

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    FAQs

    What type of property is this?
    Office space - Seattle prime location, 1515 sq ft.
    Where is this office space located?
    The property is located at 2207 3Rd Ave Seattle, WA.
    What is the asking price?
    The asking price for this property is $860,000.
    What are key features of this property?
    This property features: 1,515 SF commercial space in Seattle's Belltown neighborhood (98121) at 2207 3rd Ave, Suite C-2.; Class B property, 100% occupied under a modified lease, ideal for office or retail.; Prominent corner location with high street visibility and signage opportunities near The Grandview condominiums.
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    2207 3Rd Ave Seattle, WA 98121
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    Seattle, WA 98121
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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
    2207 3Rd Ave Seattle, WA 98121
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