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Property summary
2204 First Avenue is a three-story mixed-use property in the Belltown neighborhood, located approximately three blocks north of Pike Place Market. The building has a gross area of 9,990 square feet and currently contains 13 residential units, configured as multifamily housing with potential for conversion to hotel use. There is street-level retail space that is suitable for repurposing, including use as a hotel lobby or other commercial applications, while also supporting continued retail use. The property’s zoning permits redevelopment to a nine-story building, with potential for views of Elliott Bay and the Olympic Mountains.
Property profile
VerifiedCap rate & NOI
Current use
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Property Management Company
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Construction Company General Contractor
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Corporate Office
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Moving Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Seattle market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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