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1924 1st Avenue Seattle WA 98101
Listing #: 697039 | Status: Available | Last Modified: 4/23/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 6.00 % |
| 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 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 33 |
| Total Building SF | 12,720 SF |
| Net Rentable Area | 11,770 SF |
| Total Office SF | 8,440 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 3,485 SF |
| Acres | 0.08 |
| Year Built | 1909 |
| Year Renovated | 1990 |
| Construction Type | Masonry |
| Property Type | |
|---|---|
| Property Type | Office |
| Office Type | Other |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Cross Street | Virginia St |
| Market Area | Belltown/Denny Regrade |
| Tax ID # | 1977200920 |
| Zoning | DMC-145 |
Stable Office & Retail Investment in Prime Downtown Seattle 1924 1st Ave is a high-quality mixed-use investment opportunity in one of Seattle’s most high-traffic, landmark locations. This 12,908 SF building features four floors of modernized office space, including two floor through suites, and a long-term retail tenant on the ground floor, ensuring a diverse income stream. Fully renovated by Peter Cipra in 2004. Currently 75% occupied, the property offers immediate cash flow with upside potential through additional lease-up. Its DMC-145 zoning supports stable office and retail uses, and its prime location— directly across from Pike Place Market—ensures ongoing tenant demand. With proximity to light rail, major transit lines, and the waterfront redevelopment, 1924 1st Ave is positioned for
1924 1st Avenue
1924 1st Avenue Seattle WA 98101
Listing #: 697039 | Status: Available | Listing Date: 5/8/2025 | Last Modified: 4/23/2026 | Email Listing



