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3232 1st Ave S
Seattle, WA 98134
Industrial Property For Sale

Executive Summary

Prime owner-user opportunity in Seattle’s thriving SODO district just one mile south of downtown and steps from the stadiums. This highly visible corner property offers outstanding frontage along First Avenue South and sits on a 14,100 SF lot with excellent accessibility to I-5, I-90, and SR-99. The 20,975 SF building provides a rare combination of warehouse, creative, and income-producing spaces in one of Seattle’s most dynamic industrial and entertainment corridors.
The property features approximately 9,000 SF of warehouse space, previously operated as a nightclub, offering flexible open-span space ideal for entertainment, production, storage, creative workspace, or light industrial use. Surrounding the warehouse area are 17 band/practice rooms currently leased on short-term agreements, providing steady cash flow and flexibility for a future owner-user to reconfigure or expand their operations as needed.
The front of the building includes three commercial storefront spaces along First Avenue South, creating strong street presence and additional income potential. Above the retail spaces are two office suites that could serve as administrative space, creative studios, or support offices for the warehouse/club operation.
This unique SODO asset offers an exceptional opportunity for an owner-user seeking a prominent building with built-in revenue streams. With its strategic location, flexible layout, and strong visibility, the property is well suited for entertainment, creative industries, production companies, breweries, event venues, or businesses looking for a flagship presence near downtown Seattle.

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Bar
Building Class B
Lot Size 0.32 AC
Rentable Building Area 20,975 SF
No. Stories 2
Year Built/Renovated 1937/1940
Opportunity Zone Yes
Zoning IG2 U/85

Amenities

  • 24 Hour Access
  • Signage
  • Skylights

Utilities

  • Heating - Electric

Property Taxes

Property Taxes

Parcel Number
766620-5945
Land Assessment
$1,692,000
Improvements Assessment
$2,270,700
Total Assessment
$3,962,700
  • Listing ID: 39849488

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 3232 1st Ave S, Seattle, WA 98134

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