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    625 1St Ave Seattle, WA 98104

    For Lease
    $12 SF/Yr ($12,360 /Mo)

    Historic building, flexible suites available.

    Lot size:
    12,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Emerald City Building, a historic Seattle landmark at 625 1st Ave, 98104, offers exceptional creative office space for lease. This three-story, Class B building, totaling 12,360 square feet, boasts a unique blend of character and modern functionality. Originally constructed in 1900 and renovated in 1970, the building provides a compelling atmosphere for businesses seeking a distinctive workspace. Currently, there are multiple tenancies available, with three individual spaces ranging from 1,051 to 2,354 square feet. A significant portion of the building is currently vacant, totaling 5,504 square feet, presenting a rare opportunity for businesses to customize their ideal office environment. The building's location in the heart of Seattle offers unparalleled access to the city's vibrant cultural scene, diverse amenities, and robust transportation network. This is an exceptional opportunity to secure prime office space in a highly sought-after location. The open plan layout provides flexibility for various business needs and configurations. Inquire today to learn more about leasing options and explore the possibilities of establishing your business in this iconic Seattle building.

    Property Features for 625 1St Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,360 SF
    Class
    B
    Total Rate
    12360

    Building Details

    Year Built/Renovated
    1900/1970
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 200
    Size
    2,354 SF
    Rate per SF
    $15
    Space
    Suite 300
    Size
    2,099 SF
    Rate per SF
    $12
    Space
    Suite 301
    Size
    1,051 SF
    Rate per SF
    $12

    HighLights

    • High ceilings throughout.
    • Abundant natural light from skylights.
    • Shared kitchen for tenant convenience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DECODE, Inc. Educational Consultant Film Connection Film ... Trade School Jay Windland Creative ... Video Production Service Señor Carbón Peruvian ... Peruvian Restaurant Spees Design Build General Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Dental Office 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
    -122.33430253536
    Latitude
    47.60248099001

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    FAQs

    What type of property is this?
    Office space - Historic building, flexible suites available.
    Where is this office space located?
    The property is located at 625 1St Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: High ceilings throughout.; Abundant natural light from skylights.; Shared kitchen for tenant convenience.
    Request Owner's contact information
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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
    625 1St Ave Seattle, WA 98104
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