2815 Elliott Ave, Seattle, WA 98121

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, 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 AI estimate from public imagery; may be outdated.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 1,026 reachable nnn retail buildings in Seattle. Larger than 99% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 132,453 SF, King County Assessor
Lot size: 26,880 SF, King County Assessor
Year built: 2018, King County Assessor
Stories: 6, King County Assessor
Buildings on parcel: 2, King County Assessor
Predominant use: Apartments With 1st Floor Retail, King County Assessor
Units: 62, King County Assessor
Assessed value: $35,551,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $268.41/SF, derived from assessor records
Lot coverage: 493%, derived from assessor records
Vintage: 2010s vintage
Zoning: DH2/75, King County
County use code: Restaurant/Lounge
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.

2801 Alaskan Way, Seattle · 0.1 mi · 76,893 SF · built 1902 · assessed $241.12/SF
101 Denny Way, Seattle · 0.2 mi · 32,489 SF · built 2016 · assessed $462.48/SF
351 Broad St, Seattle · 0.3 mi · 1,000 SF · built 1948 · assessed $4,788/SF
2301 2nd Ave, Seattle · 0.4 mi · 39,910 SF · built 2010 · assessed $172.22/SF
2312 2nd Ave, Seattle · 0.4 mi · 12,190 SF · built 1928 · assessed $236.87/SF
417 Denny Way, Seattle · 0.4 mi · 8,610 SF · built 1900 · assessed $211.46/SF

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Sale history and market context

MakeMe Estimate: $35,317,512 (estimated market value), with a likely range of $25,883,948 to $41,304,488 (half of recent verified sales in this segment landed inside that range). Based on 28 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2024-09-30: transfer from A&D Partners LLC to Waterfront Partners LLC (part of a 2-parcel sale; price is the whole deal), rec. 20240930000634

2022-07-26: $273,240 from A&D Partners LLC to Sbob LLC (part of a 2-parcel sale; price is the whole deal), rec. 20220726000644

2022-04-27: $10,928,533 from Washington State Convention Center Public Faciliti… to Hudson 1000 Olive Way LLC (part of a 7-parcel sale; price is the whole deal), rec. 20220428000358

2022-04-27: transfer from Washington State of-Convention Center Public Facil… to Hudson 1000 Olive Way LLC (part of a 6-parcel sale; price is the whole deal), rec. 20220907000446

2021-03-19: $13,371 from A&D Partners LLC to District Washington State Convention Center Public…, rec. 20210319001484

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 $4,570,600 (2011) to $35,551,600 (2026), up 678% over 15 years, per county tax rolls. The 2026 roll splits $35,551,600 into $14,784,000 land and $20,767,600 improvements.

Zoning: DH2/75 (per King County)

Lot: 26,880 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 61,057 SF; Office Building 34,396 SF; Basement, Parking 26,776 SF; Retail Store 10,224 SF (county building sections)

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

Permit history

2026-02-26: Electrical (Screened), permit 7131144-EL

2025-07-17: Electrical, declared value $1,100 (Screened), permit 7096816-EL

2025-02-20: Electrical, declared value $5,000 (Screened), permit 7071458-EL

2024-11-01: Other (Screened), permit 7054234-RF

2024-09-03: Remodel, declared value $2,000,000 (Complete), permit 7002571-CN

2021-07-26: Remodel, declared value $680,914 (Complete), permit 6746032-CN

2020-11-20: Remodel, declared value $25,000 (Complete), permit 6795807-CN

2019-10-25: Remodel, declared value $250,000 (Complete), permit 6730211-CN

2019-10-15: Remodel, declared value $225,000 (Complete), permit 6746318-CN

2019-07-31: Remodel, declared value $14,779,338 (Complete), permit 6709706-CN

Source: King County permit records (newest first).