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
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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
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