Retail Space
1315 1st Avenue Seattle, WA 98101
Details & Description
Price: $3,250,000
    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
    • 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
    1315 1st Avenue | for Sale | Thumbnail 1
    1315 1st Avenue | for Sale | Thumbnail 2
    1315 1st Avenue | for Sale | Thumbnail 3
    Building Size: 24,880 SF
    Lot Size: 0.100 AC
    Land Size: 4,356 SF
    Building $/SF: $130.63
    Land $/SF: $746.10
    Price
    $3,250,000
    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.

    Common Questions and Answers

    What is the asking price for 1315 1st Avenue in Seattle?
    The asking price for 1315 1st Avenue is $3,250,000
    What is the building size of this Retail property in Seattle, WA?
    The size of the building/unit at 1315 1st Avenue in Seattle is 24,880 square feet
    How much land does the Seattle, WA property at 1315 1st Avenue include?
    1315 1st Avenue in Seattle includes 0.100 acres of land
    What kind of Retail is the propery at 1315 1st Avenue?
    The property at 1315 1st Avenue Seattle, WA 98101 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1315 1st Avenue in Seattle?
    The population within 1 mile of 1315 1st Avenue Seattle, WA 98101 is 58,988 people.
    Who do I contact for questions about 1315 1st Avenue?
    You should contact the listing agent, Alex Muir, for any details regarding this commercial listing.

    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
    Price
    $3,250,000
    Listing Agent
    Listing Co-Agent
    Alex Muir - CRE Agent at Lee & Associates

    Adrienne Hunter

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

    Elizabeth Schalka

    Independent Agent
    More listings from Alex Muir
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