2132 3Rd AveSeattle, WA 98121

  • Office properties
  • 9,720 SF
For Lease
$20/SF/YR View listing

Property Details for 2132 3Rd Ave

Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.11 AC
Property size (Sq ft)
9,720 SF
Zone code
DMR/R 145/65
Property type
Office properties
APN
069400-0195
APU
694000195

Description

This exceptional two-story executive office building, located at 2132 3rd Ave in Seattle, WA 98121, offers a total of 11,900 square feet of premium office space. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. The building is comprised of two suites, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 9,900 square feet. This flexibility allows for businesses of various sizes to find a suitable space to meet their needs. The building's location in King County provides excellent access to Seattle's vibrant business district, offering convenient transportation links and proximity to numerous amenities. The address is 2132 3rd Ave, Seattle, WA 98121. This is a rare opportunity to secure a prominent location in a thriving urban center. The property is ideal for businesses seeking a prestigious address and flexible space options. Contact us today to learn more about leasing this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,630,256
    6.5%
    $2,427,928
    7%
    $2,254,505
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,606,554
    Geo Method
    $1,871,878
  • Alternative Use

    Use
    Valuation
    Residential Income
    $3,010,632
    Hospitality / Lodging
    $2,757,722
    Institutional / Educational
    $2,294,392
    Healthcare / Senior Housing
    $2,373,300
    Retail / Commercial
    $3,569,055

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.614
Longitude
-122.343
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$20,151
$2,187,000
$180,000
$2,367,000
-
$2,187,000
$180,000
$2,367,000

FAQs

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