1601 E John St

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1601 E John St

Seattle, WA 98112
Asking Price
$9.50M
Asset Type
Creative Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is listed for sale at $9,500,000.
  • Located at 1601 E John St in Seattle.
  • Property is categorized as a creative office space.
  • Situated in the prominent Capitol Hill urban submarket.
  • The location provides access to a major metropolitan economy.

What's Special

Priced at $9,500,000, this creative office asset stands at 1601 E John St in Seattle, Washington. The property provides a distinct environment within the Capitol Hill neighborhood, a dense and highly active district known for its diverse professional landscape and proximity to downtown Seattle. This area remains a focal point for the city's robust technology and creative economy, drawing consistent interest from businesses seeking a central hub in a dynamic urban setting. The structure serves as an efficient workspace for firms requiring a collaborative layout in a established metropolitan corridor. Investors and business owners evaluating this asset will appreciate its placement in a well-traveled part of the city. Given the regional economic strength and the ongoing demand for professional space in King County, this property represents a practical acquisition for entities looking to maintain a long-term footprint in the Pacific Northwest market. Potential use cases for this creative office include headquarters for design studios, specialized agencies, or professional service firms needing proximity to local urban amenities.

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NOI
$80,000
Cap Rate
0.84%
DSCR
0.14
Underwater
Cash-on-Cash
-16.98%
Monthly Payment
$47,000.817
Annual Cash Flow
$-484,009.799

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