509 2Nd Ave Seattle, WA 98104
- Retail properties
- 304,346 SF
Current Use by Public Records
- Retail properties
Property Details for 509 2Nd Ave
- Year built
- 1912
- Property size
- 304,346 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail opportunity is located on the ground floor of the iconic Smith Tower, a 37-story Class B building constructed in 1912 and renovated in 1999. Boasting 304,346 total square feet on a 12,197 square foot lot, this multiple-tenancy property offers high visibility in the heart of Seattle's Pioneer Square submarket, near the waterfront and major sporting venues. The building features 146 parking spaces and elevators. The property's PSM zoning allows for a variety of retail and restaurant uses. King County taxes are $17.76 per square foot. Situated at 509 2nd Ave, Seattle, WA 98104 (APN 0939000060), this location benefits from the high foot traffic generated by the Smith Tower's Observatory, which attracts over 80,000 unique visitors annually. The surrounding area is known for its historic architecture, vibrant art scene, diverse restaurants, and thriving nightlife, creating a dynamic and attractive environment for businesses. This is a rare chance to establish a presence in one of Seattle's most historically significant and well-visited landmarks.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.332
- Latitude
- 47.6018
