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Listed by Kidder Mathews
$ 1,975,000
Est. payment /mo
New
824 E Pike ST Seattle, WA 98122
1,429 Sqft Lot
UPDATED:
01/30/2025 06:47 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Capitol Hill
MLS Listing ID 2327022
Style 60 - Comm Bldg Und 10K
Year Built 1913
Annual Tax Amount $17,607
Lot Size 1,429 Sqft
Property 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.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Fireplace false
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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