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824 E Pike St Seattle WA 98122
Listing #: 691504 | Status: Available | Last Modified: 1/15/2025
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 178,022 |
Vacancy Factor % | 5.00% |
Operating Expenses | 58,067 |
Net Operating Income | 111,053 |
CAP Rate | 6.07 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Anchor | Starbucks |
Retail Asset Class Info | |
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Crane Tonnage | 0 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 2 |
# of Units | 2 |
A/C | Yes |
Total Building SF | 3,953 SF |
Net Rentable Area | 3,953 SF |
Total Office SF | 1,700 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 1,307 SF |
Acres | 0.03 |
Year Built | 1913 |
Year Renovated | 2013 |
Construction Type | Brick, Masonry |
Property Type | |
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Property Type | Office |
Office Type | Other |
Building Class | C |
Location | |
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County | King |
Vicinity | Capitol Hill |
Location Description | Pike Pine Neighborhood |
Second Address | 824 E Pike Street |
Cross Street | Pike Street |
Market Area | Capitol Hill/First Hill |
Tax ID # | 6003000525 |
Zoning | NC3P-75(M) |
The Broadway State building, situated in a pedestrian-oriented and transit-served retail corridor, is currently at 100% occupancy. The property’s ground-floor retail space is occupied by a franchise of Come Buy Tea, an international chain of Boba Tea and Waffle cafés. The busy operator just signed a 10-year lease. Upstairs is Here.com, a local design company with another year left on their lease, offering an owner-user buyer the opportunity to purchase the property and occupy the upstairs office space for their own business. With such an excellent corner location in one of Seattle’s most desirable neighborhoods, redeveloping the property into a view, mixed-use multifamily and retail property is another potentially lucrative option possible by obtaining or partnering with the neighboring pa
Located at the intersection of Broadway and Pike in Seattle`s Pike/Pine neighborhood of Capitol Hill. Close proximity to I-5 and Downtown Seattle. Architecturally significant building in close proximity to Capitol Hill businesses and Seattle Central Com
Broadway State Building
824 E Pike St Seattle WA 98122
Listing #: 691504 | Status: Available | Listing Date: 1/15/2025 | Last Modified: 1/15/2025 | Email Listing