200 1st Ave W, Seattle, WA 98119

Office · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise office, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 957 reachable office buildings in Seattle. Larger than 74% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 88,000 SF, King County Assessor
Lot size: 21,600 SF, King County Assessor
Year built: 1971, King County Assessor
Stories: 5, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $12,439,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $141.35/SF, derived from assessor records
Lot coverage: 407%, derived from assessor records
Vintage: 1970s vintage
Zoning: SM-UP 85 (M), King County
County use code: Office Building
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

221 1st Ave W, Seattle · 0 mi · 76,213 SF · built 1970 · assessed $131.09/SF
100 Elliott Ave W, Seattle · 0.1 mi · 62,600 SF · built 1928 · assessed $113.17/SF
117 1st Ave N, Seattle · 0.1 mi · 5,490 SF · built 1947 · assessed $256.56/SF
101 Elliott Ave W, Seattle · 0.1 mi · 208,210 SF · built 1986
111 Queen Anne Ave N, Seattle · 0.1 mi · 91,661 SF · built 1985 · assessed $71.73/SF
201 Elliott Ave W, Seattle · 0.1 mi · 202,387 SF · built 1927 · assessed $498.74/SF

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Sale history and market context

MakeMe Estimate: $12,321,752 (estimated market value), with a likely range of $11,135,810 to $16,054,660 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2014-07-30 for $10,200,000 (recorded arm's-length sale).

Current ownership dates to 2015 (about 11 years) per recorded transfers.

2 administrative transfers (no consideration), 2015 to 2015

2014-07-30: $10,200,000 from First West Investment Properties LLC to First West Holdings LLC, rec. 20140730001014

2006-06-02: $11,250,000 from First West Building 00 LLC to First West Investment Property LLC, rec. 20060605002047

2000-11-17: $12,750,000 from First Avenue West Buildings LLC to First West Building Oo LLC, rec. 20001121000587

1994-10-31: $5,715,000 from Private party to First Ave West BLDG LLC, rec. 199410311511

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $7,884,000 (2011) to $12,439,200 (2026), up 58% over 15 years, per county tax rolls. The 2026 roll splits $12,439,200 into $11,880,000 land and $559,200 improvements.

Zoning: SM-UP 85 (M) (per King County)

Lot: 21,600 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 66,400 SF; Basement, Parking 21,600 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-01-27: Electrical, declared value $5,136 (Screened), permit 7067303-EL

2023-09-15: Electrical, declared value $19,000 (Complete), permit 6986143-EL

2023-09-11: Electrical, declared value $600 (Complete), permit 6985249-EL

2023-08-01: Electrical, declared value $2,500 (Complete), permit 6978609-EL

2023-05-04: Remodel, declared value $182,672 (Complete), permit 6934871-CN

2015-10-05: Remodel, declared value $60,000 (Screened), permit 6498130

2015-08-20: Remodel, declared value $350,000 (Screened), permit 6466352

2015-04-29: Remodel, declared value $208,529 (Complete), permit 6471478

Source: King County permit records (newest first).