Seattle Labor Temple (Status: Pending)
2800, 1st Ave, Seattle, WA 98121
The Seattle Labor Temple (“SLTA”) property is an attractive adaptive reuse opportunity to build Class A- office space wrapped by an iconic exterior. Property is being sold as part of a strategic initiative by SLTA with a goal of relocating within Seattle as soon as possible.
The building is ~65K SF in total (50K above-grade) and is a designated landmark (exterior and two lobbies). Across the street is a 102-stall condo garage with separate, gated access and exclusive elevator to 1st Ave at street level. Listed price includes the garage. Value allocation is ~60% building/40% garage. Garage NOI estimated at ~$250K.
Tenants are on month-to-month leases, and building would be vacant following sale. Garage to be vacated following sale, with stalls immediately available to be rented out.
Asset Class: Office
Year Built: 1942
Building Total Square Feet: 64385
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: DMR/R 125/65
Listing Courtesy of: Heartland, LLC
Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, DBA North Sound Commercial and should be verified by the buyer, seller, or tenant.
Google Places API is currently unavailable.
You must specify a valid listing location, use street address in the listing title along with city, state & zip/postcode — if not use the optional latitude & longitude field.
- Unfortunately, your request was denied, generally because of lack of an invalid key parameter.