Prepared by https://www.commercialmls.com
213 1st Ave S Seattle WA 98104
Listing #: 693096 | Status: Available | Last Modified: 4/21/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 460,966 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 136,702 |
| Net Operating Income | 301,215 |
| CAP Rate | 6.62 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Financial Summary | |
|---|---|
| CAP Rate | 6.618 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| Total Building SF | 15,300 SF |
| Net Rentable Area | 11,520 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 3,485 SF |
| Acres | 0.08 |
| Year Built | 1900 |
| Year Renovated | 1987 |
| Construction Type | Masonry |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | King |
| Market Area | Pioneer Square |
| Tax ID # | 5247800110 |
| Zoning | PSM-100 |
Invest in a piece of Seattleās 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
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.
The Hart Pioneer Square
213 1st Ave S Seattle WA 98104
Listing #: 693096 | Status: Available | Listing Date: 2/20/2025 | Last Modified: 4/21/2026 | Email Listing









