1521 -1523 3rd Avenue Seattle, WA $ 2,300,000
1521 -1523 3rd Avenue
$ 2,300,000
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1521 -1523 3rd Avenue

Seattle, WA, 98101
$ 2,300,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,886

Listed by Kelly Right RE of Seattle LLC
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Commercial Property for sale in Seattle, WA

for $2,300,000. This building was built in 1913 on a lot size of 0.1489.

9,233-SF OWNER/USER RETAIL COMMERCIAL CONDO WITH STABLE RENTAL INCOME IN PRIME DOWNTOWN SEATTLE Priced to Sell : $ 2,300,000 2 Suites with Ceiling Height of 18', in-suite bathrooms:- Suite # 1521: 6,867 SF (3,230 SF first floor + 3,637 SF fully functional mezzanine) - to vacate at closing. - Suite # 1523: 2,367 SF, leased. Stable income $8,235/mo. NNN with 3% annual escalations. Lease expires 11/2030, plus two 5-year renewal options.- Steps from Pike Place Market (20M+ annual visitors) and the newly transformed waterfront.- High traffic and high exposure on Pike –Pine Corridor.- Unparallel access to transit: several bus routes and adjacent to the Westlake light rail station.- Major employers within a few blocks.- Seattle ranks 3rd in the US for AI-sector growth- Owner-user upside: occupy one suite, lease the other- Owner/User or Value add investment- Highly flexible permitted uses- The Fischer Studio Building is a designated Seattle Historic Landmark. Potential tax incentive due to Historic designation. - Possible uses: grocery stores, restaurants, cafes, health club facilities, event venues, pharmacies, medical and dental practices, offices Confidential Broker-Only Remarks. Comments in this category are for broker’s use only.

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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.1489

Year Built

1913

Town/City

Seattle

County/Region

King

MLS | Web ID

2586986

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air See Remarks
Cooling Heat Pump
Possession Closing
Roof Flat
HOA Fee 3754
Year Built 1913
Property Subtype Commercial Industrial
Assoc Fee Paid Per Monthly
County King
Property Type Commercial Sale
HOA Y
Subdivision Name Seattle
Possible Use Commercial Office Retail
Special Listing Conditions None
Status Active
Directions GPS
City Seattle
Senior Community Y/N N
Zoning Description Commercial Office Retail
Number Of Units Total 2
MLS Area 701 - Belltown/Downtown Seattle
Lot Size Units Square Feet
Lot Size Square Feet 6485
Carport Y/N N
Listing Terms Conventional Owner Will Carry
Property Condition Good
Public Remarks 9 233-SF OWNER/USER RETAIL COMMERCIAL CONDO WITH STABLE RENTAL INCOME IN PRIME DOWNTOWN SEATTLE Priced to Sell : $ 2 300 000 2 Suites with Ceiling Height of 18' in-suite bathrooms:- Suite # 1521:
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Utilities
Property Style 75 - Retail
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Exterior
Exterior Amenities Cement/Concrete
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.1489
Irrigation Water Rights Y/N N
Site Frontage 60
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Interior
Flooring Concrete
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Ceiling Height 18'
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2586986
Street Number 1 1521
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* Excluded Features
List By
Sihem Chamakh

Listing Agent

Kelly Right Re Of Seattle Llc

Broker

schamakh@kellyright.com

Email

Affordability Calculator

$15,886
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Monthly Principal & Interest
$15,886
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$2,300,000 Listed Price

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1521 -1523 3rd Avenue, Seattle, WA, 98101 is a Commercial Property for sale at $2,300,000 with a lot size of 0.1489. 1521 -1523 3rd Avenue was built in 1913. The property's zip code is 98101 which is in Seattle, WA