601 Pine St, Seattle, WA 98101

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: urban 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 AI estimate from public imagery; may be outdated.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 97% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 78,920 SF, King County Assessor
Lot size: 15,120 SF, King County Assessor
Year built: 1929, King County Assessor
Stories: 4, King County Assessor
Predominant use: Retail Clothing, King County Assessor
Assessed value: $33,195,600, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $420.62/SF, derived from assessor records
Lot coverage: 522%, derived from assessor records
Vintage: pre-war vintage
Zoning: DOC2 500/300-550, King County
County use code: Retail Store
Construction (observed): masonry, 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.

500 Pine St, Seattle · 0.1 mi · 693,450 SF · built 1918 · assessed $110.97/SF
1512 5th Ave, Seattle · 0.1 mi · 82,808 SF · built 1904 · assessed $203.43/SF
114 Pike St, Seattle · 0.3 mi · 18,160 SF · built 1924 · assessed $479.07/SF
102 Pike St, Seattle · 0.3 mi · 12,654 SF · built 1922 · assessed $351.87/SF
2027 Westlake Ave, Seattle · 0.3 mi · 9,450 SF · built 1924 · assessed $378.63/SF
1534 Pike Pl, Seattle · 0.3 mi · 9,840 SF · built 1910 · assessed $375.86/SF

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Sale history and market context

MakeMe Estimate: $30,718,769 (estimated market value), with a likely range of $22,513,563 to $35,926,173 (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.

Last sold: 2026-01-15 for $7,859,050 (recorded arm's-length sale).

Current ownership dates to 2026 per recorded transfers.

2026-01-15: $7,859,050 from 601 Pine Street Investment Group INC to Hess Lacey Investments LLC +Pine 1929 Partners LLC…, rec. 20260127000700

2015-03-02: $6,510,770 from Private party to 601 Pine Street Investment Group INC, rec. 20150302001611

2015-02-26: $1,500,000 from Private party to 601 Pine Street Investment Group INC, rec. 20150302001610

9 administrative transfers (no consideration), 1996 to 2015

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 $30,326,700 (2011) to $33,195,600 (2026), up 9% over 15 years, per county tax rolls. The 2026 roll splits $33,195,600 into $23,436,000 land and $9,759,600 improvements.

Zoning: DOC2 500/300-550 (per King County)

Lot: 15,120 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Retail Store 60,480 SF; Basement, Retail 18,440 SF (county building sections)

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

Permit history

2026-04-27: Electrical (Screened), permit 7140294-EL

2026-04-27: Electrical (Screened), permit 7140272-EL

2020-12-17: Remodel, declared value $40,000 (Screened), permit 6792197-CN

2020-01-15: Remodel, declared value $1,000,000 (Complete), permit 6728221-CN

2013-08-08: Remodel, declared value $600,000 (Complete), permit 6362930

2010-12-29: Remodel, declared value $1,120,000 (Complete), permit 6257261

2003-07-17: Remodel, declared value $1,000,000 (Screened), permit 736587

1999-04-07: Building, New, declared value $2,500,000 (Complete), permit 705365

1998-05-28: Building, New, declared value $575,000 (Complete), permit 699316

1998-04-07: Remodel, declared value $1,000,000 (Complete), permit 698144

Source: King County permit records (newest first).