517 Pike StSeattle, WA 98122

Property Details for 517 Pike St

Year built

1910

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.32 AC

Property size (Sq ft)

26,950 SF

Zone code

NC3P-75 (M)

Property type

Retail space

APN

880490-0910

APU

8804900910

Description

This exceptional 7,000 square foot retail space, located at 517 E Pike Street in Seattle's vibrant Capitol Hill neighborhood, presents a unique opportunity. Situated within a historic Autorow building, this multi-tenant property offers one available space ideal for a variety of businesses. The space boasts abundant natural light, thanks to large windows facing north, east, and south, complemented by two expansive central skylights. The property is classified as both retail and office, providing flexibility for diverse uses. The lease terms offer a one-year initial lease followed by month-to-month options, providing adaptability for your business needs. This prime location within the bustling Capitol Hill retail core ensures high visibility and foot traffic. The property is located in King County, Washington, with the precise address being 517 E Pike St, Seattle, WA 98122. Its convenient location offers easy access to various amenities and transportation options. This space is perfect for businesses seeking a blend of historic charm and modern functionality in a thriving urban setting. The building's character and the space's natural light create a welcoming and productive environment. Don't miss this chance to establish your business in this highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,720,322

  6.5%

  $9,895,682

  7%

  $9,188,848

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,212,088

  Geo Method

  $13,078,878

• Alternative Use

  Use

  Valuation

  Residential

  $8,347,378

  Hospitality

  $7,646,154

  Educational

  $6,361,510

  Medical

  $6,580,292

  Retail

  $9,895,682

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6138

Longitude

-122.325

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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