The Opportunity
Cannon Commercial is pleased to present the opportunity to acquire 321 1st Ave W located in Queen Anne’s Uptown neighborhood in Seattle. This offering includes a 6,445 SF 2-story office building on a 7,200 square-foot lot with future development potential to build up to 58 units. The property provides flexibility with MTM leases which currently generate $6,900/mo. With Sound Transit’s plan for a light rail station that would be within 0.3 miles of the property, the new Climate Pledge Arena and Seattle Public School’s plans to build a new high school and stadium at Seattle Center, 321 1st Ave W offers an excellent opportunity to benefit from one of the strongest and evolving sub-markets in the city.
The Offering Process The property is being offered for $5,000,000. The Seller plans to review offers as they are submitted.
View Brochure