$1,975,000
( )
 $10,602 est/mo Sourced by Back At You

824 E Pike Street , Seattle, WA 98122

Seattle, WA 98122

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Description

Situated on a prominent corner in a pedestrian-oriented and transit-served retail corridor in Capitol Hill's Pike/Pine neighborhood, the Broadway State Building is a NNN leased property featuring 100% occupancy and a 6%+ current cap rate offered under $2M and approximately $500 per net rental square foot. The property features a perfect "Walker's Paradise". Walk score of 100 and is less than a mile from downtown and the Seattle Convention Center and within a 5 minute walk of Seattle Central College, Seattle University and many of Capitol' Hills employers and office spaces. The site offers +110 feet of frontage on E Pike/Broadway E and benefits from daily traffic counts of more than 10,350 vehicles heading in all directions.

Details

MLS#2327022
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1913
Days On Site17
Listing Provided ByKidder Mathews | Dan Swanson

Features

Units2
Acreage0.03

Market Activity 98122

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98122
Area390 Central Seattle
Community NameCapitol Hill
Listing VS Median (in Capitol Hill)
Price:
$1,975,000
low | high
Med:
$585,000
100% of Average
On Site:
17
low | high
Med:
67.000000
25.373134328358% of Average
Sourced by Back At You
Listing Updated: January 29, 2025 at 3:29:04 PM PST