Financial
Distress signals
Property profile

1617 Boylston Ave Seattle, WA 98122

OFF-MARKET
Office buildings
Property ID
US90-1379102
16,500 SF 0.13 ac lot Built 1921
Last sale Dec 2019 · $15,334,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The offering consists of two separately located commercial properties in Seattle’s Capitol Hill neighborhood within the Pike/Pine corridor, totaling 36,471 square feet, at E Pine Street and Boylston Avenue. The combined buildings are currently leased to Henry’s Gymnasium and Enterprise Rent-A-Car, with Henry’s Gymnasium held under a net lease structure that extends through November 2035; contracted rent increases are reflected in the existing tenant agreements. The properties are positioned

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$36k
Tax billed · 2022
Assessed value$4.35M
Assessed land$2.39M
Assessed improvement$1.96M
Effective rate0.84%

Value estimate

· Sep 2026
$2.46M
$2.21M – $2.70M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NC3-75 (M)
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping distr...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.9
Laundry Service8.6
Electrical Service7.7

Location

1617 Boylston Ave Seattle, WA 98122-6729
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1601 19th, Seattle, WA 98122 $4,770,000 Jun 2025 12,680 SF
1728 Madison, Seattle, WA 98122-2733 $630,000 Sep 2024 3,840 SF
1532 13th, Seattle, WA 98122 $3,797,500 Jan 2023 5,192 SF
316 Broadway, Seattle, WA 98122-5325 $23,000,000 Jul 2022 77,412 SF
1820 12th, Seattle, WA 98122-2438 $1,405,000 Jun 2019 3,433 SF
1217 Pike, Seattle, WA 98122 $1,953,165 May 2019 23,422 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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