You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

2117 2Nd Ave Seattle, WA 98121

16,860 SF 0.15 ac lot Built 1923
Entity Owned 1-yr Hold Free & Clear
Property ID
US90-1175056
Property summary
AI-generated overview

This exceptional mixed-use building, located at 2117 2nd Ave in Seattle's vibrant Belltown neighborhood, presents a rare owner-user opportunity. Built in 1923 and renovated in 1990, this two-story, 10,380 square foot property boasts a versatile layout ideal for creative office and retail uses. The ground floor features a large, open concept with impressive 17-foot ceilings in sections, providing ample space for various configurations. A 3,900 square foot mezzanine level includes a convenient kitchenette. The property also includes a secure, 6,480 square foot garage level with a sprinkler system. Situated on a 6,480 square foot lot, this Class C building is zoned DMR/R 95/65, offering significant flexibility. Its prime location provides easy access to the Seattle Waterfront, Pike Place Market, Seattle Center, and the Space Needle, ensuring high visibility and accessibility. This property offers strong potential for both immediate use and future redevelopment, making it an attractive investment for discerning buyers. The building's central location and adaptable space create a unique opportunity to establish a thriving business in a highly desirable area of Seattle. This is a remarkable chance to acquire a well-positioned asset with significant upside potential. The property has been meticulously maintained and is ready for immediate occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1923
Construction CONCRETE
Total area 16,860 SF
Lot 0.15 ac (6,480 SF)
Zoning code DMR/C 95/65
APN 197720-0725
UPID US90-1175056
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mbb2117 LLC · 1 yrs held
Mbb2117 LLC
since 2025
Last sale
$163,500
5 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
1990
$375,000
1989
$163,500
Zoning & alternative use
DMR/C 95/65 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message