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5201 1st Ave S 5,100 - 8,425 SF Retail Condo Units in Seattle, WA 98108
INVESTMENT HIGHLIGHTS
- Exposed timber construction
- 32,000 SF total land area
- Open courtyard
- Utilities include City of Seattle (Water and Sewer), Puget Sound Energy (natural gas) and Seattle City Light (electricity)
EXECUTIVE SUMMARY
Multi-tenant industrial property constructed in 1927.
PROPERTY FACTS
| Total Building Size | 30,131 SF | Typical Floor Size | 30,131 SF |
| Property Type | Industrial | Year Built | 1927 |
| Property Subtype | Manufacturing | Lot Size | 1.00 AC |
| Building Class | B | Parking Ratio | 0.86/1,000 SF |
| Floors | 1 | ||
| Zoning | IG1U/85, Seattle - Industrial General with max height 85' | ||
| Total Building Size | 30,131 SF |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 30,131 SF |
| Year Built | 1927 |
| Lot Size | 1.00 AC |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | IG1U/85, Seattle - Industrial General with max height 85' |
AMENITIES
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
3 UNITS AVAILABLE
Unit A
| Unit Size | 8,425 SF | Sale Type | Owner User |
| Condo Use | Retail |
| Unit Size | 8,425 SF |
| Condo Use | Retail |
| Sale Type | Owner User |
DESCRIPTION
Industrial Condo
SALE NOTES
The building is located in the heart of Georgetown on 1st Avenue South. Easy walking distance to transportation, amenities. The property is zoned IG2 U/85 and provides a wide array of potential uses. The property is an open timber frame construction the has a very eclectic vibe. Potential for an outstanding open loft concept use such as a gallery, brewery or a distillery. Georgetown is perhaps the most rapidly gentrifying area in the Region. Numerous new businesses have opened in the Georgetown area over the past 5–10 years capitalizing on the close-in location; much improved freeway access and upgraded zoning. Georgetown, once Seattle’s primary industrial area, is now an area of showrooms, breweries, art galleries, artists’ lofts, and wide variety of new retail uses.
Screenshot 2024-02-12 152808
Unit B
| Unit Size | 6,886 SF | Sale Type | Owner User |
| Condo Use | Retail |
| Unit Size | 6,886 SF |
| Condo Use | Retail |
| Sale Type | Owner User |
SALE NOTES
The building is located in the heart of Georgetown on 1st Avenue South. Easy walking distance to transportation, amenities. The property is zoned IG2 U/85 and provides a wide array of potential uses. The property is an open timber frame construction the has a very eclectic vibe. Potential for an outstanding open loft concept use such as a gallery, brewery or a distillery. Georgetown is perhaps the most rapidly gentrifying area in the Region. Numerous new businesses have opened in the Georgetown area over the past 5–10 years capitalizing on the close-in location; much improved freeway access and upgraded zoning. Georgetown, once Seattle’s primary industrial area, is now an area of showrooms, breweries, art galleries, artists’ lofts, and wide variety of new retail uses.
Screenshot 2024-02-12 152808
Unit C
| Unit Size | 5,100 SF | Sale Type | Owner User |
| Condo Use | Retail |
| Unit Size | 5,100 SF |
| Condo Use | Retail |
| Sale Type | Owner User |
SALE NOTES
The building is located in the heart of Georgetown on 1st Avenue South. Easy walking distance to transportation, amenities. The property is zoned IG2 U/85 and provides a wide array of potential uses. The property is an open timber frame construction the has a very eclectic vibe. Potential for an outstanding open loft concept use such as a gallery, brewery or a distillery. Georgetown is perhaps the most rapidly gentrifying area in the Region. Numerous new businesses have opened in the Georgetown area over the past 5–10 years capitalizing on the close-in location; much improved freeway access and upgraded zoning. Georgetown, once Seattle’s primary industrial area, is now an area of showrooms, breweries, art galleries, artists’ lofts, and wide variety of new retail uses.
Screenshot 2024-02-12 152808
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5201 1st Ave S
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