201 1st Ave S | Seattle, WA 98104
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- LoopNet Team
201 1st Ave S
Seattle, WA 98104
J&M Pioneer Sq Value-Add Retail & Multifamily · Multifamily Property For Sale · 24 Units
Investment Highlights
- 201 1st Avenue S includes potentially 24 apartments, and a first-floor retail suite with a fantastic corner location at the heart of Pioneer Square.
- Walkable to Lumen Field, T-Mobile Park, the WAMU Theater, Seattle’s City Hall, and several parks, including Occidental Square and Waterfront Park.
- Renovation could potentially qualify for 20% Historic Tax Credit, and the property is located in an Opportunity Zone (Census Tract 92).
- Property is easily accessible from Highway 99, I-5 and I-90 Freeways, and the Pioneer Square Light Rail Station. Potential basement speakeasy.
- Supported by a growing 2-mile population of over 168,000, with more than 82% of residents currently renting a home.
- Located adjacent to new street and sidewalk renovations on Washington St., as a pedestrian link to the new $800M Waterfront Park.
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 524780-0130 | Improvements Assessment | $840,800 |
| Land Assessment | $2,897,100 | Total Assessment | $3,737,900 |
PROPERTY TAXES
Parcel Number
524780-0130
Land Assessment
$2,897,100
Improvements Assessment
$840,800
Total Assessment
$3,737,900
zoning
| Zoning Code | PSM-100 (PSM-100 allows for many commercial and residential uses.) |
| PSM-100 (PSM-100 allows for many commercial and residential uses.) |
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