Retail Space - For Sale
1315 1st Avenue Seattle, WA 98101
Details & Description
Price: $3,250,000
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.100
  • Building Sq Ft 24,880
  • Building Price per Sq Ft $130.63
  • Land Sq Ft 4,356
  • Land Price per Sq Ft $746.10
Lee & Associates is pleased to present the unique opportunity to acquire 1315 1st Avenue, a six-story 24,880 square foot building constructed at the end of the 19th century. This iconic building is an incredible adaptive reuse opportunity in the heart of downtown Seattle, the fastest growing major city in the U.S. The building is comprised of three floors above-grade at 1st Avenue and three floors on grade at Post Alley, which will lend itself to the creation of a boutique commercial or residential project featuring prime retail space. The timing and potential of this opportunity align perfectly with waterfront renovation and the existing activity taking place at this crossroads between the CBD, Belltown, and Waterfront submarkets.
Property Highlights
Listing Agents
Alex Muir

O: 206-219-1283
M: 253-303-1983
amuir@lee-associates.com
Adrienne Hunter
Lee & Associates
O: 206-219-1282
M: 206-387-5426
ahunter@lee-associates.com
Elizabeth Schalka
Lee & Associates
O: 206-219-1284
M: 206-948-0331
eschalka@lee-associates.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1315 1st Avenue

Seattle, WA 98101

Listing ID: 274534
$3,250,000
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.100
  • Building Sq Ft 24,880
  • Building Price per Sq Ft $130.63
  • Land Sq Ft 4,356
  • Land Price per Sq Ft $746.10
  • 1315 1st Avenue Seattle, WA 98101 | for Sale | Photo 1
  • 1315 1st Avenue Seattle, WA 98101 | for Sale | Photo 2
  • 1315 1st Avenue Seattle, WA 98101 | for Sale | Photo 3
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1315 1st Avenue | for Sale | Thumbnail 2
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Property Highlights
 Storied Past, Restorative Future
 Technology Hotbed
 Abundant Amenities
 Favorable Demographics
 Seattles Waterfront Neighborhood
 Multiple Transit Modes
Description

Lee & Associates is pleased to present the unique opportunity to acquire 1315 1st Avenue, a six-story 24,880 square foot building constructed at the end of the 19th century. This iconic building is an incredible adaptive reuse opportunity in the heart of downtown Seattle, the fastest growing major city in the U.S. The building is comprised of three floors above-grade at 1st Avenue and three floors on grade at Post Alley, which will lend itself to the creation of a boutique commercial or residential project featuring prime retail space. The timing and potential of this opportunity align perfectly with waterfront renovation and the existing activity taking place at this crossroads between the CBD, Belltown, and Waterfront submarkets.

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Seattle History of Retail Space for Sale

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Seattle Area Market Trends

Listing Demographics for 1315 1st Avenue Seattle, WA 98101

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population58,988246,354547,826
Population Median Age403938
Population by Age0-9 Yrs1451 (2%)15132 (6%)43699 (7%)
10-19 Yrs1687 (2%)12092 (4%)45108 (8%)
20-29 Yrs17802 (30%)64055 (26%)123226 (22%)
30-39 Yrs14599 (24%)56508 (22%)104624 (19%)
40-49 Yrs6429 (10%)31300 (12%)72735 (13%)
50-59 Yrs6118 (10%)26123 (10%)60418 (11%)
60-69 Yrs5309 (9%)21807 (8%)51885 (9%)
70+ Yrs5594 (9%)19336 (7%)46130 (8%)
Median HH Income$79,783$95,844$99,801
Total Household Income< 24K7957 (21%)18546 (13%)33919 (12%)
25-49K5594 (14%)18577 (13%)34913 (13%)
50-74K4607 (12%)17677 (13%)34496 (13%)
75-99K3599 (9%)14531 (10%)27979 (10%)
100-199K9932 (26%)38918 (29%)76799 (29%)
200K+6005 (15%)25584 (19%)54066 (20%)
Highest Education LevelNo Diploma3019827516735
Diploma or GED47311468531789
Some College82592726054494
Assoc. Degree22481027522367
Bachelors Degree1797878000160506
Higher Degree1388861092124718
Total Housing Units42,850146,160282,804
--Owner-Occupied6,58144,463111,583
--Renter-Occupied31,11389,371150,589
Owner-Occupied Values< 100K684191085
100-199K504001095
200-299K54122584607
300-399K78745368932
400-499K116644429988
500K+39683240785876
Total Working Age Population57,101224,581481,701
In Work Force41,010171,470352,322
Not In Work Force16,09053,111129,378
Workforce Employed39,069164,437337,087
Workforce Unemployed1,7996,38014,254
Civlian Workforce40,868170,818351,341
Military Workforce143652981
Total Households37,694133,833262,172
Family Households8,79245,656109,855
Non-Family Households28,90288,178152,317
Married Couple7,90438,15689,773
Other Family8887,49920,083
Married w/Child97210,67131,564
Single Male w/Child531,1902,970
Single Female w/Child2992,2966,417

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Washington5,894,121+146,724,540+147,638,415+118,503,178
King County1,737,034+111,931,249+162,231,408+112,474,625
Kitsap County231,969+8251,133+10275,910+10303,528

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Boeing Field King County International Airport (BFI) 6
Seattle Tacoma International Airport (SEA) 11
Portland International Airport (PDX) 140
Listing Agent
Listing Co-Agent
Alex Muir - CRE Agent at Lee & Associates

Adrienne Hunter

Listing Co-Agent
Alex Muir - CRE Agent at Lee & Associates

Elizabeth Schalka

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