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Nord Building 314 1st Ave S 1,170 - 4,570 SF of Retail Space Available in Seattle, WA 98104



HIGHLIGHTS
- Heavy day-time foot-traffic
- High density of businesses and mixed-use spaces
- Historic building charm
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement, Ste 003 | 3,400 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $68,000 /YR $5,667 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 102 | 1,170 SF | Negotiable | $23.00 /SF/YR $1.92 /SF/MO $26,910 /YR $2,243 /MO | Triple Net (NNN) |
Basement, Ste 003
Nord Building – Basement Suite 003: Your Pioneer Square Retail Opportunity Discover an exceptional retail opportunity in one of Seattle's most dynamic and culturally rich neighborhoods. This 3,400-square-foot basement suite at the Nord Building offers the rare combination of affordable rent, distinctive character, and an unbeatable Pioneer Square address that puts you at the center of the action. A Space with Distinctive Character The exposed timber beam ceilings and warm brick archways create an inviting, gallery-like atmosphere that retail customers remember. Natural light filters through thoughtfully designed spaces, while the open floor plan provides flexibility to configure your retail concept exactly as you envision it. The partial build-out gives you a head start, with infrastructure ready to customize to your brand's unique identity. This isn't sterile big-box retail – this is a space where your products can shine against a backdrop of authentic Seattle character. Location That Drives Foot Traffic Step outside and you're immediately surrounded by the energy that makes Pioneer Square Seattle's most compelling retail district. Within walking distance, your neighbors include Kinesia Pilates, Locus Wines, The Pastry Project, Salumi Sandwiches, and Zeitgeist Coffee – a curated mix of local businesses that draw discerning customers who appreciate quality and authenticity. The neighborhood sits on major pedestrian corridors connecting Chinatown/International District to the Seattle Waterfront, positioning you directly in the path of both neighborhood regulars and destination visitors. Built for Retail Success At $20 per square foot annually, this suite delivers exceptional value in a premium location. Triple net lease structure provides cost predictability, while the building's 24/7 secure access means you can stock inventory, prepare displays, or work on your schedule. The surrounding Pioneer Square ecosystem – with its galleries, restaurants, specialty shops, and historic landmarks – creates natural synergies that drive customer discovery and repeat visits. The Right Address for the Right Business Whether you're launching a boutique concept, specialty food retail, gallery space, or experiential retail venture, this basement suite offers the visibility, character, and affordability that emerging and established brands need to thrive. Pioneer Square customers actively seek out independent retailers with personality – and this space delivers the authentic setting your brand deserves.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Private Restrooms
- Wi-Fi Connectivity
- Basement
1st Floor, Ste 102
Nord Building – First Floor Suite 102: Unique Alleyway Retail in Pioneer Square Discover a distinctive retail opportunity designed for businesses that thrive on destination appeal rather than impulse traffic. This 1,170-square-foot first-floor suite at the historic Nord Building offers something increasingly rare in Pioneer Square: an intimate, discovery-driven retail environment accessed via the building's charming alleyway entrance – perfect for specialty retailers, studios, workshops, and businesses where customers seek you out intentionally. Character-Driven Space for Intentional Businesses Suite 102's alleyway access creates a natural filter that attracts your ideal customers: people who've researched your business, booked appointments, or specifically want what you offer. The soaring ceilings and exposed brick walls provide an immediate sense of discovery and authenticity – customers feel like they've found something special because they have. This configuration excels for appointment-based retail, studios, workshops, specialty services, private showrooms, maker spaces, or businesses where the experience matters more than walk-by visibility. The Workshop Advantage The suite's current use as a specialty retail workshop demonstrates its versatility for hands-on businesses. High ceilings accommodate vertical storage and specialized equipment, while the open layout supports various configurations from bicycle workshops to art studios, maker spaces to specialty repair services. The partial build-out with standard retail infrastructure provides a functional foundation, whether you need workbenches, display areas, or client consultation spaces. Track lighting, polished concrete floors, and architectural character create an environment where craftsmanship and expertise take center stage. Built for Businesses Where Customers Are Committed This space rewards businesses with strong followings, online presence, or appointment-based models. Your customers aren't casual browsers – they're seeking you specifically. The alleyway entrance actually enhances privacy and exclusivity, ideal for personal services, specialty consulting, private shopping experiences, fitness or wellness studios, creative workshops, or any business where dedicated clientele is more valuable than foot traffic. You're building a destination, not competing for attention on a busy sidewalk. Strategic Pioneer Square Location While Suite 102 offers privacy, you're still surrounded by Pioneer Square's vibrant business ecosystem. The building houses Kinesia Pilates, and the neighborhood includes Locus Wines, Salumi Sandwiches, The Pastry Project, and Zeitgeist Coffee – all businesses that attract quality-conscious consumers. Your customers will appreciate the neighborhood's walkability, dining options, and cultural attractions before or after their appointments. Operational Advantages At $23 per square foot annually, Suite 102 delivers exceptional value for nearly 1,200 square feet of character-rich space. Triple net lease structure provides cost predictability. The Nord Building's 24/7 secure access means you control your schedule completely – perfect for early morning sessions, evening appointments, or weekend workshops. Average space condition and partial build-out mean faster occupancy with lower upfront investment. Ideal for: Specialty repair services (bicycles, leather goods, instruments) Private fitness, yoga, or wellness studios Artist studios or creative workshops Appointment-based retail or consultation services Maker spaces or craft workshops Private showrooms or by-appointment boutiques Specialty services where privacy enhances the experience
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT NORD BUILDING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Back Alley Bike Repair
- Sporting Goods
- -
- -
- Nord In Seattle
- Restaurant
- 1
- -
- One Energy
- Home Improvement
- 1
- -
- Synthetic Resources, Inc
- Other Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Back Alley Bike Repair | Sporting Goods | - | - |
| Nord In Seattle | Restaurant | 1 | - |
| One Energy | Home Improvement | 1 | - |
| Synthetic Resources, Inc | Other Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,570 SF | Gross Leasable Area | 8,200 SF |
| Property Type | Retail | Year Built/Renovated | 1900/1982 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,570 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,200 SF |
| Year Built/Renovated | 1900/1982 |
ABOUT THE PROPERTY
The Nord Building – Strategic Location, Historic Distinction Positioned at 314 1st Avenue South in Pioneer Square, the Nord Building delivers a compelling value proposition for businesses seeking a prestigious Seattle address with tangible operational advantages. This three-story commercial property, constructed in 1900 and professionally renovated in 1982, combines architectural distinction with contemporary business infrastructure. Ground-floor spaces feature expansive street-facing windows that maximize visibility and customer engagement – a strategic asset for retail operations, food service establishments, or client-facing businesses requiring strong foot traffic conversion. Upper-level office suites and coworking environments provide efficient, professional workspaces equipped with enterprise-grade internet connectivity, shared kitchen facilities, and 24/7 secure building access to support flexible business operations. The property's Pioneer Square location offers significant competitive advantages: proximity to a concentrated mix of commercial, dining, and professional services; superior public transportation access including multiple transit lines; and high walkability scores that facilitate client meetings and employee commutes. The surrounding business ecosystem includes established corporate tenants, legal and professional services firms, and a robust dining and hospitality sector. PSM-100 zoning provides operational flexibility for diverse business applications. Building management is handled by AGM Real Estate Group LLC, offering institutional-grade tenant services including digital payment processing, systematic maintenance protocols, and centralized communications infrastructure to minimize administrative burden. The Nord Building represents a strategic real estate decision: proven location performance, maintained historic assets, and professional building operations supporting long-term business objectives.
NEARBY MAJOR RETAILERS
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Nord Building | 314 1st Ave S
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