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    2211 3Rd Ave Seattle, WA 98121

    For Sale
    $1,550,000

    Prime Belltown location, 2712 sq ft.

    Property size:
    2,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,712 square foot commercial space, located at 2211 3rd Ave, Suite C-3 in Seattle's vibrant Belltown neighborhood, presents a unique investment opportunity. Classified as a Class B property, this vacant unit is available for sale at $1,550,000 ($571.53/sq ft) and offers a flexible modified lease option. Situated at the base of the Grandview, a 25-story luxury condominium building, the property boasts unparalleled street visibility with 35 feet of sidewalk windows and high-visibility signage. Its prime location on a main bus line ensures high foot traffic and easy accessibility. The space itself includes two bathrooms and the added convenience of an attached three-car garage. Ample street parking is available, supplemented by a nearby pay-to-park lot. Belltown's thriving atmosphere, with its numerous restaurants and shops, provides a built-in customer base. Furthermore, its proximity to Seattle's waterfront, Pike Place Market, and the Olympic Sculpture Park enhances its appeal and potential. This property is ideal for a variety of retail or office uses, capitalizing on the high density of residential buildings and significant pedestrian traffic in the area. The King County location (zip code 98121) offers easy access to major transportation routes.

    Property Features for 2211 3Rd Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,712 SF
    Class
    B

    HighLights

    • 2,712 sq ft Class B commercial space for sale at $1,550,000 ($571.53/sq ft) in Seattle's Belltown neighborhood.
    • Vacant unit with flexible modified lease option available.
    • High‑visibility location at the base of a luxury condo building with 35 ft of sidewalk windows and high‑visibility signage.
    • Prime location on a main bus line with high foot traffic and ample street parking.
    • Features two bathrooms and an attached three‑car garage.
    • Located in King County, WA (98121) near Seattle's waterfront, Pike Place Market, and Olympic Sculpture Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Forged Athlete Physical ... Physical Therapist

    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
    -122.34342311484
    Latitude
    47.614005310424

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    FAQs

    What type of property is this?
    Individual retail property - Prime Belltown location, 2712 sq ft.
    Where is this individual retail property located?
    The property is located at 2211 3Rd Ave Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 2,712 sq ft Class B commercial space for sale at $1,550,000 ($571.53/sq ft) in Seattle's Belltown neighborhood.; Vacant unit with flexible modified lease option available.; High-visibility location at the base of a luxury condo building with 35 ft of sidewalk windows and high-visibility signage.
    Request Owner's contact information
    2211 3Rd Ave 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
    2211 3Rd Ave Seattle, WA 98121
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