1521 -1523 3rd Avenue, Seattle, WA 98101 (MLS # 2586986)

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Listing provided courtesy of Northwest MLS; Kelly Right RE of Seattle LLC

PRICE $2,300,000
SIZE n/a
LOT SIZE 6,487 sqft
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9,233-SF OWNER/USER RETAIL COMMERCIAL CONDO WITH STABLE RENTAL INCOME IN PRIME DOWNTOWN SEATTLE Priced to Sell : $ 2,300,000 2 Suites with Ceiling Height of 18', in-suite bathrooms:- Suite # 1521: 6,867 SF (3,230 SF first floor + 3,637 SF fully functional mezzanine) - to vacate at closing. - Suite # 1523: 2,367 SF, leased. Stable income $8,235/mo. NNN with 3% annual escalations. Lease expires 11/2030, plus two 5-year renewal options.- Steps from Pike Place Market (20M+ annual visitors) and the newly transformed waterfront.- High traffic and high exposure on Pike -Pine Corridor.- Unparallel access to transit: several bus routes and adjacent to the Westlake light rail station.- Major employers within a few blocks.- Seattle ranks 3rd in the US for AI-sector growth- Owner-user upside: occupy one suite, lease the other- Owner/User or Value add investment- Highly flexible permitted uses- The Fischer Studio Building is a designated Seattle Historic Landmark. Potential tax incentive due to Historic designation. - Possible uses: grocery stores, restaurants, cafes, health club facilities, event venues, pharmacies, medical and dental practices, offices Confidential Broker-Only Remarks. Comments in this category are for broker's use only.

LAST UPDATED 10/6/2026 TRACT Seattle
YEAR BUILT 1913 COMMUNITY Seattle
COUNTY King STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
AREA 701 - Belltown/Downtown Seattle
HEAT Electric, Forced Air, See Remarks
HOA DUES 3754
LOT 6486 sq ft
MLS STATUS Active
STYLE 75 - Retail
SUBDIVISION Seattle
UTILITIES Sewer Connected
WATER Public
ZONING Commercial,Office,Retail

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/6/26 2:55 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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