610 Pine StSeattle, WA 98122

  • Office properties
  • 27,600 SF
For Lease

Property Details for 610 Pine St

Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.21 AC
Property size (Sq ft)
27,600 SF
Zone code
NC3P-75 (M)
Property type
Office properties
Property subtype
Other office properties
APN
880490-0480
APU
8804900480

Description

This exceptional three-story creative office building, located at 610 E Pine St in Seattle's vibrant Capitol Hill neighborhood (zip code 98122), offers a unique blend of historic charm and modern functionality. Built in 1922 and extensively renovated in 2012, the property boasts 27,600 square feet of total space, currently featuring multiple tenants. The building is classified as Class B and sits on a 0.21-acre lot. Currently, there are 4,505 square feet of vacant space available, with flexible suite sizes ranging from 1,989 to 4,135 square feet, perfect for a variety of businesses. The property is zoned NC3 and is ideally suited for creative office uses. The building features ample parking with 20 spaces available for tenants and visitors. Its prime location in King County offers easy access to major transportation routes and a wealth of amenities. This is a rare opportunity to lease space in a well-maintained, historically significant building in a highly desirable Seattle location. The building's character and modern updates create a compelling environment for businesses seeking a unique and inspiring workspace. Inquire today to learn more about leasing opportunities within this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,468,628
    6.5%
    $6,894,118
    7%
    $6,401,681
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,401,325
    Geo Method
    $5,315,208
  • Alternative Use

    Use
    Valuation
    Residential
    $8,548,706
    Hospitality
    $7,830,569
    Educational
    $6,514,942
    Medical
    $6,739,000
    Retail
    $10,134,354
610 Pine St, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6155
Longitude
-122.324
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
$63,370
$4,449,800
$3,140,400
$7,590,200
-
$4,449,800
$3,140,400
$7,590,200

FAQs

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