824 E Pike Street
Seattle, WA 98122
0.03 acres | #2327022
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.
Property Details
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- Date ListedJanuary 28, 2025
- Sewer InformationSewer Connected
- SubdivisionCapitol Hill
- Structure TypeUnspecified
- Original List Price$1,975,000
- Property TypePurchase
- Taxes Annual$17,607
- MLS #2327022
- Cost1975000
- MLS #2327022
- Acres0.0328
- Utility SourcePublic
- Year Built1913
- CountyKing
- Days on Market (Cumulative)2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-29 22:47:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Dan Swanson (#NWM38720)
Listing Office: Kidder Mathews (#NWM128)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
