Overview

Highlights

• Storied Past, Restorative Future
• Technology Hotbed
• Abundant Amenities
• Favorable Demographics
• Seattle's Waterfront Neighborhood
• Multiple Transit Modes

Description

Lee & Associates is pleased to present the unique opportunity to acquire 1315 1st Avenue, a six-story 24,880 square foot building constructed at the end of the 19th century. This iconic building is an incredible adaptive reuse opportunity in the heart of downtown Seattle, the fastest growing major city in the U.S. The building is comprised of three floors above-grade at 1st Avenue and three floors on grade at Post Alley, which will lend itself to the creation of a boutique commercial or residential project featuring prime retail space. The timing and potential of this opportunity align perfectly with waterfront renovation and the existing activity taking place at this crossroads between the CBD, Belltown, and Waterfront submarkets.

Location

Located in the Seattle CBD, an amenity rich submarket, one of the world’s top performing office markets, one of the nation’s most active regions for venture capital investment, a leader in research and higher education, and one of the most vibrant and integrated business environments in the country. The deep talent pool, high-quality of life and relative affordability continues to cement Seattle’s spot as a premier tier one market. Seattle is the second tightest market on the West Coast, behind only San Francisco.

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