301 1St Ave S Seattle, WA 98104
For Lease
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The Globe Building, a historic Class B office and restaurant property located in the heart of King County's CBA Pioneer Square submarket, presents a unique investment opportunity. This single, four-story building, constructed in 1900 and renovated in 1979, boasts a total of 69,817 square feet. Currently, there are 3,342 square feet of vacant space available, divisible into units as small as 445 square feet, with a maximum contiguous space of 1,500 square feet. The building features attractive architectural details including high ceilings (11-12 feet), hardwood floors, and large windows, creating a desirable workspace. Its prime location at the intersection of 1st Ave. S. and S. Main provides excellent visibility and accessibility. The building includes elevators for convenient access to all four floors. The 0.31-acre site offers a blend of historic charm and modern functionality, making it ideal for a variety of executive office tenants. Multiple tenancy options are available, catering to businesses of varying sizes. This property represents a rare chance to secure space in a landmark building within a thriving urban core.
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301 1st Ave W Parking Parking Lot & Garage
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Melissa M. Garthwaite, MA Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PSM-100 · Seattle, WASeattle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.