Financial
Distress signals
Property profile

500 Pike St Seattle, WA 98122

OFF-MARKET
Retail space
Property ID
US90-1555423
24,476 SF 0.23 ac lot Built 1924
Last sale Mar 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Greenus Building, a beautifully renovated 3-story creative office and retail space at 500 E Pike St in Seattle's vibrant Pike Place Market area, offers 23,286 square feet of versatile commercial space. Built in 1917 and extensively renovated in 2014, this King County property boasts a unique blend of historic charm and modern functionality. Currently, 1,568 square feet of space is available for lease, including a single 2,883 square foot unit ideal for a variety of retail or office uses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$69k
Tax billed · 2022
Assessed value$8.27M
Assessed land$5.56M
Assessed improvement$2.71M
Effective rate0.84%

Value estimate

· Sep 2026
$4.51M
$4.06M – $4.96M
CAP approach$5.62M
Sales comparison$3.05M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 270 recorded sales of this use type
Observed band · Q1–Q3$189 – $689
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NC3P-75 (M)
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping distr...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.9
Laundry Service9.5
Pet Grooming Service6.8

Location

500 Pike St Seattle, WA 98122-3885
County assessor Recorded deeds · 9 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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