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2131-2137 2nd Ave
Seattle, WA 98121
Office Property For Sale
Investment Highlights
- Mixed-use property offering a second-floor office with partial build-out in turn-key condition.
- Exceptional walkability score of 100 and immediate access to multiple public transit networks.
- Renovated property combining historic character with functional office layouts and natural light.
- Located in Belltown, steps from numerous restaurants, retail shops, and hospitality destinations.
- Quick connectivity to I-5 and major arterial routes, supporting effortless regional access.
- Surrounded by a dense, active neighborhood with strong foot traffic and urban amenity support.
Executive Summary
The property at 2131-2137 2nd Ave is a two-story office building located in Seattle’s Belltown district. Built in 1927 and renovated in 2000, the building measures 8,640 square feet with typical floor sizes of approximately 2,880 square feet. The asset includes retail uses on the first floor and office suites on the second floor. The surrounding area contains a range of restaurants, lodging, and service-oriented businesses. The location offers high pedestrian activity, public transportation access, and regional highway connectivity.
Mixed Use building featuring separate office suite and retail-food/beverage service space. 8,640SF total Completely renovated office including full seismic retrofit New roof as of 2022 Dual-Revenue Potential Flexible Acquisition Options Strong physical condition with up to date infrastructure Contact Broker for price
Mixed Use building featuring separate office suite and retail-food/beverage service space. 8,640SF total Completely renovated office including full seismic retrofit New roof as of 2022 Dual-Revenue Potential Flexible Acquisition Options Strong physical condition with up to date infrastructure Contact Broker for price
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,640 SF
Building Class
C
Year Built/Renovated
1927/2000
Price
$6,392,960 CAD
Price Per SF
$739.93 CAD
Cap Rate
6.64%
NOI
$424,479 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,880 SF
Building FAR
2.83
Lot Size
0.07 AC
Zoning
DMR/R-85/65 - Downtown mixed
Amenities
- Signage
- Central Heating
- Food Service
- Air Conditioning
Property Taxes
| Parcel Number | 197720-0696 | Improvements Assessment | $2,117,621 CAD |
| Land Assessment | $2,091,992 CAD | Total Assessment | $4,209,614 CAD |
Property Taxes
Parcel Number
197720-0696
Land Assessment
$2,091,992 CAD
Improvements Assessment
$2,117,621 CAD
Total Assessment
$4,209,614 CAD
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