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Property profile & analytics

601 2Nd Ave Seattle, WA 98104

  • Parking lots & garages
  • 149,040 SF
  • 0.30 lot acres
Value Estimations
$805,000
Cap Rate Potential
Location Intelligence
Property ID
US90-0041254
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hill's Barber Shop / Barber Shop
  • Thai Star / Thai Restaurant / Asian Restaurant
  • Fusion Bistro Indian Cuisine / Indian Restaurant
  • Insight Therapy Center / Corporate Office

Property Details for 601 2Nd Ave

Year built
2001
Construction
CONCRETE
Lot size
0.30 lot acres
Property size
149,040 SF
Zone code
PSM 100/100-130
Property type
Parking lots & garages
APN
093900-0155
APU
939000155

Description

This exceptional retail space, part of the iconic Butler Garage in Downtown Seattle's Pioneer Square submarket, offers 1,192 square feet of ground floor commercial area. Located at the corner of Second Avenue and James Street, this property benefits from high foot traffic and proximity to major attractions. The building itself boasts a total of 149,040 square feet across one 12-story building, providing ample space for various uses. The property sits on a 0.29-acre lot and includes 460 parking spaces, a significant advantage in a bustling urban setting. The PSM zoning allows for a variety of retail and restaurant uses. Neighboring businesses include established and popular establishments such as Gary Manuel Salon, The Works, TAT's Delicatessen, and Bill Speidel's Underground Tour, creating a vibrant and synergistic commercial environment. The location is highly desirable, just blocks from the Seattle waterfront and one block from the Smith Tower, a landmark attracting over 80,000 unique visitors annually to its observatory. This presents a unique opportunity to establish a business within a thriving and historically significant neighborhood in King County. The property is currently configured for multiple tenants, offering flexibility for potential lease arrangements. This is a rare chance to secure a retail space in one of Seattle's most sought-after locations.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $805,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.333
Latitude
47.6024
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$182,316
$5,572,800
$16,580,200
$22,153,000
-
$5,572,800
$16,580,200
$22,153,000
More about this property
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