1512 Alaskan Way, Seattle, WA 98101
This exceptional commercial condo at 1512 Alaskan Way presents a unique investment opportunity in the heart of Seattle. Boasting a coveted street-level location between Pike Place Market and the Seattle Waterfront, this property benefits from unparalleled foot traffic and visibility. Situated at the base of Pike Street Hillclimb, it enjoys exposure to both tourists and locals alike, with easy access to Seattle's revitalized waterfront and the Seattle Aquarium Ocean Pavilion. The building offers convenient access via a public elevator and adjoining garage from Western Avenue, a significant advantage for both employees and customers. Six dedicated parking spaces are included, a rare find in this highly desirable area, further enhanced by proximity to ferry and bus stations. Recently renovated, the approximately 0.05-acre property features a blend of historic charm and modern functionality. High ceilings, exposed brick and beams contribute to a unique ambiance, while the open floor plan includes a kitchenette, a private office, and a three-quarter bathroom. The flexible layout allows for a variety of commercial uses, making this an ideal investment for discerning buyers seeking a prime location in one of Seattle's most vibrant neighborhoods. The property's size is not specified in the provided information.
-
Symontek (Bike/Boat/Book/etc) Store Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.