LISTING DETAILS

Broadway State Building

824 E Pike St Seattle WA 98122

Listing #: 691504 | Status: Available | Last Modified: 1/15/2025

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Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income178,022
Vacancy Factor %5.00%
Operating Expenses58,067
Net Operating Income111,053
CAP Rate6.07 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
AnchorStarbucks
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Units2
A/CYes
Total Building SF3,953 SF
Net Rentable Area3,953 SF
Total Office SF1,700 SF
Largest Contiguous SF0 SF
Lot SF1,307 SF
Acres0.03
Year Built1913
Year Renovated2013
Construction TypeBrick, Masonry
Property Type
Property TypeOffice
Office TypeOther
Building ClassC
Location
CountyKing
VicinityCapitol Hill
Location DescriptionPike Pine Neighborhood
Second Address824 E Pike Street
Cross StreetPike Street
Market AreaCapitol Hill/First Hill
Tax ID #6003000525
ZoningNC3P-75(M)

Capitol Hill Premier Corner Investment or Owner/Us

Public Comments

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

Public Building Comments

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

For Sale

Broadway State Building

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