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    2117 2Nd Ave Seattle, WA 98121

    Sponsored
    For Sale
    Contact for pricing

    10,380 SF, Owner-User Opportunity

    Property size:
    10,380 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use building, located at 2117 2nd Ave in Seattle's vibrant Belltown neighborhood, presents a rare owner-user opportunity. Built in 1923 and renovated in 1990, this two-story, 10,380 square foot property boasts a versatile layout ideal for creative office and retail uses. The ground floor features a large, open concept with impressive 17-foot ceilings in sections, providing ample space for various configurations. A 3,900 square foot mezzanine level includes a convenient kitchenette. The property also includes a secure, 6,480 square foot garage level with a sprinkler system. Situated on a 6,480 square foot lot, this Class C building is zoned DMR/R 95/65, offering significant flexibility. Its prime location provides easy access to the Seattle Waterfront, Pike Place Market, Seattle Center, and the Space Needle, ensuring high visibility and accessibility. This property offers strong potential for both immediate use and future redevelopment, making it an attractive investment for discerning buyers. The building's central location and adaptable space create a unique opportunity to establish a thriving business in a highly desirable area of Seattle. This is a remarkable chance to acquire a well-positioned asset with significant upside potential. The property has been meticulously maintained and is ready for immediate occupancy.

    Property Features for 2117 2Nd Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,380 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1923/1990
    Stories
    2

    HighLights

    • Mixed‑use building (Office/Retail) totaling 10,380 square feet.
    • Owner‑user opportunity in Seattle's Belltown neighborhood.
    • Two‑story building with 17' ceilings on the ground floor and a 3,900 SF mezzanine.
    • Includes a 6,480 SF secured garage.
    • Located near Seattle Waterfront, Pike Place Market, and Seattle Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office 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
    -122.3436737357
    Latitude
    47.612825265164

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    FAQs

    What type of property is this?
    Individual retail property - 10,380 SF, Owner-User Opportunity
    Where is this individual retail property located?
    The property is located at 2117 2Nd Ave Seattle, WA.
    What are key features of this property?
    This property features: Mixed-use building (Office/Retail) totaling 10,380 square feet.; Owner-user opportunity in Seattle's Belltown neighborhood.; Two-story building with 17' ceilings on the ground floor and a 3,900 SF mezzanine.
    Request Owner's contact information
    2117 2Nd 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
    2117 2Nd Ave Seattle, WA 98121
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