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24798202
29227975

207 2nd Ave S, Seattle, WA 98104

GH
WA 23386
CFRE | Commercial Real Estate
RN
WA 25020415
CFRE | Commercial Real Estate
Listed by CFRE | Commercial Real Estate
$2,000,000
1558 days on market
Updated 45 days ago
Opportunity zone

Stadium District Retail Space for Sale

Details
APN 524780-0665
Property Type Land, Retail
Sub Type Commercial
Square Footage 11,838
Net Rentable (SqFt) 4,975
Units 2
Cap Rate 4.74%
NOI $94,897
Tenancy Multi
Price per SqFt $309
Year Built 1900
Stories 1
Lot Size (SqFt) 6,480
Zoning PSM 100/100-120

Land | 6,480 SqFt

Marketing description

This potential development site is located on 2nd Avenue South and South Washington Street, in Pioneer Square. The property boasts easy commuter access in the middle of the rapid transit hub that is blocks from King Street Station and Union Station, which serves as terminals for Sound Transit’s commuter trains.

The nearby Colman Dock links Seattle to island and peninsula communities via an extensive ferry system. Also blocks away is Seattle’s streetcar line That connects the property to the residential and medical centers of Capitol Hill and First Hill. The Psm-100 Zoning allows for mixed-use development. There is an Existing Building on the Property.

This commuter and tourism hub is steps from Lumen Field and T-Mobile Park with structured and street parking available. Two blocks from Seattle’s vibrant waterfront, light rail, north / south bike lane, and trail. Easy access to cruise line docks, and the Washington State Bremerton, and Bainbridge Island Ferry.

The space is easily demised and can accommodate a market, store or restaurant buildout.

Investment highlights

  • Tax-advantaged Opportunity Zone for the City of Seattle

  • Walking Distance to Occidental Square Park, T-mobile Park, Centurylink Stadium, & Seattle’s New Waterfront

Listing Contacts

GH
WA 23386
CFRE | Commercial Real Estate
RN
WA 25020415
CFRE | Commercial Real Estate
Listed by CFRE | Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$94,897.00
$7,908.08/mo

Valuation Metrics

0
DSCR
4.74%
Cap Rate
4.74%
ROI

Map

Zoning

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PSM-100/100-120 MixedMixed UsePioneer Square Mixed Residential
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View all 34 uses
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Gary Hunter, CCIM
License
23386
Brokerage
Gary Hunter
Brokerage Phone
4255418880
Title
Managing Broker
Brokerage Address
10940 Northeast 33rd Place
Name
Ross Nakamura
License
25020415
Brokerage
CFRE
Brokerage Phone
425.541.8880
Title
Real Estate Broker
Brokerage Address
10940 Northeast 33rd Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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