2207 3Rd Ave, Seattle, WA 98121
This exceptional 1,515 square foot commercial space, located at 2207 3rd Ave, Suite C-2 in Seattle's vibrant Belltown neighborhood (zip code 98121), presents a unique investment opportunity. Currently operating at 100% occupancy under a modified lease, this Class B property is ideally suited for a variety of uses, including creative, executive, or traditional office space, or retail. Situated on a prominent corner location at the base of The Grandview luxury condominiums, the space boasts excellent street visibility and signage opportunities, maximizing exposure to the high foot traffic of this bustling area. Ten large storefront windows provide exceptional connection with the community. The interior features an in-suite bathroom, a small kitchenette, and ample storage space. The property's location offers unparalleled convenience, with numerous restaurants and shops nearby, and close proximity to Seattle's waterfront, Pike Place Market, and the Olympic Sculpture Park. The asking price is $860,000, translating to $567.66 per square foot. Please note that the space is currently occupied. This property represents a strong investment in a thriving Seattle location.
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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.