3228 1st Avenue S, Seattle, WA 98134

$5,449,950

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Listing courtesy of Berkshire Hathaway HS NW.

List Price
$5,449,950
Status
ACTIVE
MLS#
2494940
Days on Market
129
Annual Tax Ammount
39501

Property Description

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. The property features 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, work 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 or businesses looking for a flagship presence.

Additional Information

Community
Seattle
Building Condition
Average
Style
61 - Comm Bldg Ovr 10K
Year Built
1937
Roof
Flat, Torch Down
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, Concrete, Vinyl, Vinyl Plank
Driving Directions
From I-5, go take West Seattle Bridge Freeway, Exit 4th Ave. South, Left on Horton St. (at Burger King) and right on 1st Ave.
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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