Technical
Financial
Distress signals
Property profile

801 Pne St Seattle, WA 98122

OFF-MARKET
Specialty properties
Property ID
US90-1251353
63,330 SF 0.39 ac lot Built 1915
Entity Owned 34-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 968-square-foot retail space is ideally situated at the base of the 147-unit Tower 801 Apartments in King County. Currently configured as a café, this fully built-out space offers immediate occupancy with 60 days' notice. The property is a single-tenant retail unit, perfect for a variety of food and beverage concepts or similar businesses. The asking rent is $36.00 per square foot per year, plus $10.00 per square foot in NNN charges. The space boasts a high-visibility location within a thriving residential community, ensuring significant foot traffic and potential customer base. Given its existing café layout, this space presents a turnkey opportunity for a quick and efficient launch. The property is conveniently located at 801 Pine Street, offering easy access to public transportation and major thoroughfares. This is a rare opportunity to secure a well-appointed retail space in a prime downtown Seattle location. Interested parties should inquire promptly to schedule a viewing. The space is currently occupied; please do not disturb the tenant.

Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 63,330 SF
Lot 0.39 ac (16,800 SF)
Zoning code MIO-65-NC3P-75 (M)
APN 600300-0470
UPID US90-1251353

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Academic Department
  • Physician
  • Parking Lot & Garage
  • Physician

Location

801 Pne St Seattle, WA 98122-3837
Seattle metro Census 8401 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.13M
Blend (final) Blend
$435k

Owner & transaction history

since 1992
1 recorded transaction
1992
$1.5M

Zoning & alternative use

MIO-65-NC3P-75 (M) · Seattle, WA
Zoning description

The intent of this overlay is to regulate major educational and medical institutions. The intent of NC3-75 district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping…

General category COMMERCIAL
Top alternative use upside
Medical building $4.9M +56.5%
Commercial (general) $4.4M +39.4%
Neighborhood: shopping center $3.9M +24.7%

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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