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Property profile & analytics
FOR LEASE
Office buildings

1424 4Th Ave Seattle, WA 98101

132,326 SF 0.28 ac lot Built 1926
Entity Owned 1-yr Hold
Property ID
US90-0718183
No photos on file
For Lease
$21,470,000 1,985 SF available
1424 4Th Ave, Seattle, WA 98101
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Property summary
AI-generated overview

4Pike, located at 1424 4th Ave in Seattle's vibrant downtown core (zip code 98101, King County, WA), offers a unique opportunity to lease exceptional office space. This 97,976 square foot building is currently undergoing a complete renovation by LBA Realty, with design by Olson Kundig Architects. The renovation encompasses significant exterior upgrades, including improvements to the lower facade and overhangs, creating a modern and inviting street presence. The historic character of the lobby will be preserved while receiving updated finishes for a brighter, more welcoming atmosphere. New, building-standard restrooms will be installed throughout. A key feature of the renovation is the addition of a fifth-floor amenity center, complete with a conference area and an outdoor deck, providing tenants and guests with a valuable shared space. The open floorplates offer maximum flexibility for tenant build-outs, allowing for dynamic space creation to suit diverse business needs. The building's core and shell will be completely overhauled to meet modern construction standards, including a comprehensive review and upgrade of seismic and building systems. Spaces range from a minimum of 1,764 square feet to a maximum contiguous space of 78,090 square feet, accommodating businesses of various sizes. Multiple tenancy options are available. This is a rare chance to secure prime office space in a landmark building undergoing a transformative renovation.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1926
Construction CONCRETE
Total area 132,326 SF
Lot 0.28 ac (12,210 SF)
Zoning code DRC 85-170
APN 197570-0235
UPID US90-0718183
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lemonde Fine Jewelry (Bike/Boat/Book/etc) Store
  • Stanton & Everybody Marketing & Advertising Advertising Agency
  • Fourth & Pike Building Heritage Building
  • Mayfield Company Corporate Office
  • MCAD Technologies Inc - NW Engineering Consultant Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$21.47M
Owner & transaction history
Cre Holdings Sub 2 LLC · 1 yrs held
Cre Holdings Sub 2 LLC
since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2019
$58.0M
2014
Price N/A
2008
$25.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DRC 85-170 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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