220 3rd Ave S, Seattle, WA 98104

Office · Seattle · Seattle-Bellevue metro, WA

One of 957 reachable office buildings in Seattle. Larger than 59% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 33,640 SF, King County Assessor
Lot size: 10,800 SF, King County Assessor
Year built: 1905, King County Assessor
Stories: 2, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $6,356,700, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $188.96/SF, derived from assessor records
Lot coverage: 311%, derived from assessor records
Vintage: pre-war vintage
Zoning: PSM 100/120-150, King County
County use code: Office Building

Nearby comparable buildings

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

206 3rd Ave S, Seattle · 0 mi · 18,300 SF · built 1904
221 S Washington St, Seattle · 0 mi · 13,491 SF · built 1900 · assessed $131.52/SF
307 3rd Ave S, Seattle · 0.1 mi · 41,920 SF · built 1906 · assessed $116.89/SF
240 2nd Ave S, Seattle · 0.1 mi · 54,805 SF · built 1900 · assessed $117.70/SF
312 2nd Ave S, Seattle · 0.1 mi · 25,954 SF · built 1900 · assessed $283.55/SF
219 S Washington St, Seattle · 0.1 mi · 4,350 SF · built 1900 · assessed $241.79/SF

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Sale history and market context

MakeMe Estimate: $6,557,897 (estimated market value), with a likely range of $6,386,105 to $8,664,789 (half of recent verified sales in this segment landed inside that range). Based on 185 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2005-06-01 for $3,100,000 (recorded arm's-length sale).

Current ownership dates to 2005 (about 21 years) per recorded transfers.

2005-06-01: $3,100,000 from Main Street Associates LLC to PTL Property Limited Partnership, rec. 20050606000275

2000-07-14: transfer from Private party to Main Street Associates LLC (non-market transfer), rec. 20001012000523

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 $4,584,200 (2010) to $6,356,700 (2026), up 39% over 16 years, per county tax rolls. The 2026 roll splits $6,356,700 into $5,022,000 land and $1,334,700 improvements.

Zoning: PSM 100/120-150 (per King County)

Lot: 10,800 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Retail Store 10,800 SF; Basement, Finished 10,800 SF; Office Building 10,800 SF (county building sections)

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

Permit history

2025-05-07: Electrical, declared value $1,500 (Screened), permit 7084675-EL

2023-10-16: Electrical, declared value $28,405 (Screened), permit 6991318-EL

2022-02-16: Remodel, declared value $329,000 (Complete), permit 6869172-CN

2021-11-09: Remodel, declared value $244,000 (Complete), permit 6867160-CN

2006-01-25: Remodel, declared value $200,000 (Complete), permit 753552

Source: King County permit records (newest first).