About this home

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.

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Property details

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Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

• Adams Elementary School

  Public · Grades K-5 · 7.3 mi · State rank 79 of 1,138
  10/10
• Aki Kurose Middle School

  Public · Grades 6-8 · 3.1 mi · State rank 266 of 514
  4/10
• Alan T. Sugiyama High School

  Public · Grades 9-12 · 4.5 mi
  —

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

• Offer insight: Homes typically sell with one offer near asking price.

• List to sale price: The average home sells for about 3% over list price.

• Time on market: The average home goes pending in around 88 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026