151 S Michigan St
Seattle WA 98108
Pike Brewing
151 S Michigan St Seattle WA 98108
Listing #: 694453 | Status: Available | Last Modified: 11/11/2025 |
For Sale
- Phone:(206) 296-9625
- Email:ken.hirata@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(206) 248-7326
- Agent Email:jeff.loftus@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 6,200,000.0
- $/SF$ 237.2
- Listing StatusAvailable
- Days on Market259
- Asset ClassIndustrial
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors2
- Semi-Dock Doors
- Grade Level Door Count2
- Crane Count
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators0
- Clearance Height Min0
- Clearance Height Max
- Bay Depth
- Total Building SF26138
- Net Rentable Area22747
- Total Office SF2284
- Largest Contiguous SF
- Lot SF33106
- Acres0.76
- Property TypeIndustrial
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaS. Seattle
- Tax ID #5367202285
- Additional Parcels
- ZoningIG1-U/85
- # Covered Spaces0
- # Uncovered Spaces40
- Total Parking Spots40
- Parking Ratio0
- Year Built1973
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeMasonry
Pike Brewing
Industrial investment property in Seattle's Georgetown neighborhood. Building is leased to Seattle favorite Pike Brewing, a property of Seattle Hospitality Group. Seven years remaining on the initial lease term. 6.0% cap rate on this year's income. 4.0% annual rent increases. Pike Brewing invested $4 million in improvements to the building. 3 year old roof. $6,200,000.
