Property profile

811 1St Ave Seattle, WA 98104

OFF-MARKET
Office Spaces
205,521 SF Built 1900
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Property summary

AI-generated overview

The Colman Building, a six-story Class B creative office building located at 811 1st Ave in Seattle, WA 98104, offers a unique opportunity for businesses seeking flexible and inspiring workspace. Built in 1900 and renovated in 1985, this historic building boasts 205,521 square feet of total space, with a minimum divisible unit of 504 square feet and a maximum contiguous space of 6,835 square feet. Currently, there are 39,009 square feet of vacant space available for lease. The building sits on a 0.55-acre lot and features multiple tenancies, making it ideal for a variety of businesses. Modern conveniences include elevators. The building is zoned DMC-170 and its APN is 8591400005. Its central Seattle location provides easy access to public transportation and numerous amenities. This property presents a rare chance to secure office space in a landmark building with a rich history and a prime location within King County. The building's creative office subtype makes it particularly well-suited for companies in design, technology, and the arts. Inquire today to learn more about the available spaces and lease terms.

Property profile

Verified
Property type Office Spaces
Year built 1900
Total area 205,521 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Accounting Firm
  • Law Firm
  • Physician Medical Clinic
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

811 1St Ave Seattle, WA 98104
Seattle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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