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JRJeff ReynoldsCompass · Seattle

Listed by Paul B. Poirier, Berkshire Hathaway HS NW

Commercial Industrial
Type
1937
Year built
14,100 sq ft
Lot
116
Days on market

About this property

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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2494940
Listed
March 19, 2026
Days on market
116

Construction

Year built
1937
Style
61 - Comm Bldg Ovr 10K
Structure
Unspecified
Roof
FlatTorch Down

Heating & cooling

Heating
DuctlessFireplace InsertWall Furnace
Cooling
Ductless
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileConcreteVinylVinyl Plank

Lot

Lot size
14,100 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Seattle Public Utilities
Sewer
Seattle Public Utilities
Power
Seattle City Light

What stands out to you?

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

  • Unspecified
  • Flat
  • Torch Down
  • Ductless
  • Fireplace Insert
  • Wall Furnace
  • Electric
  • Natural Gas
  • Ceramic Tile
  • Concrete
  • Vinyl
  • Vinyl Plank

Listing history

  1. Listed

    $5,449,950

    March 19, 2026

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

$31,736

Principal & interest
$27,558
Property tax (est.)
$4,178

Assumes $1,089,990 down (20%), a $4,359,960 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.