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EXECUTIVE SUMMARY
Rare opportunity to acquire a historic mixed-use asset along the high-traffic Pike–Pine corridor, steps from Capitol Hill and a short walk to the Seattle Convention Center. The property offers strong infrastructure and flexible value-add potential for mixed-use, hospitality, residential, creative office, or private club use, with the option to purchase the existing business, retain it as a tenant, or deliver the building vacant at closing.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$27,285
|
$2.53
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$27,285
|
$2.53
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $27,285 |
| Annual Per SF | $2.53 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $27,285 |
| Annual Per SF | $2.53 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
10,800 SF
Building Class
C
Year Built
1906
Price
$2,350,000
Price Per SF
$217.59
Tenancy
Single
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.08 AC
Zoning
NC3P85 - NC3P-95
Frontage
100’ on Pike St
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 872560-0355 | Total Assessment | $2,881,000 (2024) |
| Land Assessment | $2,880,000 (2024) | Annual Taxes | $27,285 ($2.53/SF) |
| Improvements Assessment | $1,000 (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
872560-0355
Land Assessment
$2,880,000 (2024)
Improvements Assessment
$1,000 (2024)
Total Assessment
$2,881,000 (2024)
Annual Taxes
$27,285 ($2.53/SF)
Tax Year
2025 Payable 2025
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Contact the Sale Advisor
1117 Pike St
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