213 1st Ave S
Seattle WA 98104

The Hart Pioneer Square

213 1st Ave S Seattle WA 98104

Listing #: 693096 | Status: Available | Last Modified: 4/21/2026 |

For Sale
Ben Kaufman
  • Phone:(206) 300-0115
  • Email:ben@beneficialventures.com
  • Office Name:Compass Washington
  • Office Phone:(425) 510-6364
  • Office Website:
Nicole Allen
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,900,000.0
  • $/SF$ 425.3
  • $/Unit$ 4,900,000.0
  • Listing StatusAvailable
  • Days on Market437
  • Asset ClassRetail, Multi-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income460,966
  • Vacancy Factor %5.00%
  • Operating Expenses136,702
  • Net Operating Income301,215
  • CAP Rate 6.62 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Financial Summary
  • CAP Rate 6.62 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF15300
  • Net Rentable Area11520
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF3485
  • Acres0.08
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaPioneer Square
  • Tax ID #5247800110
  • Additional Parcels
  • ZoningPSM-100
Construction
  • Year Built1900
  • Year Renovated1987
  • Completion Date
  • Roof Type
  • Construction TypeMasonry

213 1st Ave S

Public Comments

Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Dating back to 1900, this meticulously maintained 4 story building artfully blends historic character with modern enhancements, promising both dependable returns and future growth. The residential section offers 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 efficient micro lofts, and 1 expansive studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with added conveniences like on-site laundry and an elevator servicing all 4 floors. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st Street with street parking and a Walk Score of 96, this asset stands as

Public Building Comments

Classic Pioneer Square retail. Located in heart of the district, mid block on 1st Avenue South. Great visbility with high volumes of tourist foot traffic.

Listing Images