625 1st Ave, Seattle, WA 98104

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: other cre. AI estimate from public imagery. In recent public imagery (2026-06), the building shows signs of deferred maintenance. AI estimate from public imagery; may be outdated.

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 78% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 12,360 SF, King County Assessor
Lot size: 3,600 SF, King County Assessor
Year built: 1900, King County Assessor
Stories: 2, King County Assessor
Predominant use: Retail/Restaurant With Office, King County Assessor
Assessed value: $2,437,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $197.18/SF, derived from assessor records
Lot coverage: 343%, derived from assessor records
Vintage: pre-war vintage
Zoning: PSM 100/100-130, King County
County use code: Retail Store
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

109 Yesler Way, Seattle · 0.1 mi · 7,560 SF · built 1900 · assessed $188.57/SF
114 1st Ave S, Seattle · 0.1 mi · 21,840 SF · built 1900 · assessed $135.44/SF
201 1st Ave S, Seattle · 0.1 mi · 25,450 SF · built 1900 · assessed $133.52/SF
213 1st Ave S, Seattle · 0.1 mi · 16,974 SF · built 1900 · assessed $238.61/SF
208 S Washington St, Seattle · 0.1 mi · 9,940 SF · built 1900 · assessed $122.59/SF
420 4th Ave, Seattle · 0.2 mi · 10,556 SF · built 1924

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Sale history and market context

MakeMe Estimate: $2,627,737 (estimated market value), with a likely range of $2,195,214 to $2,977,202 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2015-01-02 for $2,655,000 (recorded arm's-length sale).

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

2015-01-02: $2,655,000 from Flying Monkeys LLC to Diamond Parking INC, rec. 20150102000876

2 administrative transfers (no consideration), 2002 to 2002

1999-06-28: $1,000,000 from Emerald Island LP to Wusa INC, rec. 19990630002277

1998-04-03: $233,009 from Shelikof Seafoods INC to Emerald Island Limited Partnership, rec. 199804101367

1996-02-20: $660,000 from Private party to Private party, rec. 199602221366

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 $1,019,400 (2011) to $2,437,100 (2026), up 139% over 15 years, per county tax rolls. The 2026 roll splits $2,437,100 into $1,620,000 land and $817,100 improvements.

Zoning: PSM 100/100-130 (per King County)

Lot: 3,600 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Basement, Storage 3,570 SF; Restaurant, Table Service 3,570 SF; Office Building 3,570 SF (county building sections)

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

Permit history

2026-04-16: Electrical (Screened), permit 7138742-EL

2024-03-04: Electrical, declared value $29,720 (Screened), permit 7012574-EL

2023-07-28: Electrical, declared value $3,200 (Screened), permit 6978068-EL

2015-09-29: Remodel, declared value $75,000 (Complete), permit 6465591

2004-04-16: Remodel, declared value $240,000 (Complete), permit 741896

Source: King County permit records (newest first).