Property profile

201 1st S Ave Seattle, WA 98104

OFF-MARKET
Turn key restaurants
Property ID
US90-0184681
25,450 SF 0.15 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,450 SF
Lot 0.15 ac (6,660 SF)
Zoning code PSM-100
APN 524780-0130
UPID US90-0184681

Cap rate & NOI

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

Location

201 1st S Ave Seattle, WA 98104-2503
Seattle metro Census 9200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2025
Last sale
$1.6M
7 recorded transactions
2025
$1.6M
2019
Price N/A
2017
Price N/A
2014
$3.2M
1990
$186,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PSM-100 · Seattle, WA
Zoning description

This district promotes mixed uses to those areas which lie within the Pioneer Square Preservation District, north of those areas predominantly in manufacturing and industrial use and not contained within the Internationa…

General category MIXED_USE

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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