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$2,300,000
1521 -1523 3rd Avenue , Seattle, WA 98101
Seattle, WA, 98101
Active · 2 days on market
0Sq Ft
1913Year built
0.1489Lot (acres)
Commercial IndustrialType

About this home

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.

Exterior features

Cement/Concrete

Schools

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Courtesy of Kelly Right RE of Seattle LLC. The data relating to real estate for sale on this site comes in part from the Northwest Multiple Listing Service (NWMLS). Listings held by brokerage firms other than this brokerage are marked by the three-tree symbol; detailed information about such listings includes the name of the listing brokerage. This information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. All information is deemed reliable but not guaranteed and should be independently verified.

Based on information from the Northwest Multiple Listing Service as of October 7, 2026.

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