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JRJeff ReynoldsCompass · Seattle

Listed by Ben Kaufman, COMPASS

16,974
Square feet
$289
Per sq ft
Multi Family
Type
1900
Year built
3,330 sq ft
Lot
508
Days on market

About this property

Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an elevator. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st St with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.

Location & commute

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Directions

Property details

Listing details

Listing number
#2335192
Listed
February 20, 2025
Days on market
508
Price per sq ft
$289
Original list price
$5,500,000

Unit & building

Stories in building
4
Units in building
15

Construction

Year built
1900
Style
56 - 10+ Units
Structure
Multi Family
Roof
Flat

Heating & cooling

Heating
BaseboardRadiator
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileHardwoodCarpet

Lot

Lot size
3,330 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Multi Family
  • Flat
  • Baseboard
  • Radiator
  • None
  • Electric
  • Ceramic Tile
  • Hardwood
  • Carpet
  • Cash
  • Conventional
  • Public

Listing history

  1. Listed

    $5,500,000

    February 20, 2025

  2. Current price

    $4,900,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$28,534

Principal & interest
$24,777
Property tax (est.)
$3,757

Assumes $980,000 down (20%), a $3,920,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.