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314 1st Ave S
Seattle, WA 98104 Pioneer Square

$2,833 USD/MO

Storefront Retail Office For Lease  •  3,400 SF

Property Details

  • Property Type Storefront Retail Office
  • Year Built 1900
  • Total Building Size 8,200 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning PSM-100
100 Transit Score
100 Walk Score

1 Space Available

Name Space Use Size Rent Details
Bsmt Floor Ste 003 Office/Retail 3,400 SF $10.00 USD/SF/YR
Nord Building – Basement Suite 003: Your Pioneer Square Retail Opportunity

Discover an exceptional retail opportunity in one of Seattle's most dynamic and culturally rich neighborhoods. This 3,400-square-foot basement suite at the Nord Building offers the rare combination of affordable rent, distinctive character, and an unbeatable Pioneer Square address that puts you at the center of the action.

A Space with Distinctive Character
The exposed timber beam ceilings and warm brick archways in this space create an inviting, gallery-like atmosphere that retail customers remember. Natural light filters through thoughtfully designed spaces, while the open floor plan provides flexibility to configure your retail concept exactly as you envision it. The partial build-out gives you a head start, with infrastructure ready to customize to your brand's unique identity. This isn't sterile big-box retail – this is a space where your products can shine against a backdrop of authentic Seattle character.

Location That Drives Foot Traffic
Step outside and you're immediately surrounded by the energy that makes Pioneer Square Seattle's most compelling retail district. Within walking distance, your neighbors include Kinesia Pilates, Locus Wines, The Pastry Project, Salumi Sandwiches, and Zeitgeist Coffee – a curated mix of local businesses that draw discerning customers who appreciate quality and authenticity. The neighborhood sits on major pedestrian corridors connecting Chinatown/International District to the Seattle Waterfront, positioning you directly in the path of both neighborhood regulars and destination visitors.

Built for Retail Success
At $20 per square foot annually, this suite delivers exceptional value in a premium location. Triple net lease structure provides cost predictability, while the building's 24/7 secure access means you can stock inventory, prepare displays, or work on your schedule. The surrounding Pioneer Square ecosystem – with its galleries, restaurants, specialty shops, and historic landmarks – creates natural synergies that drive customer discovery and repeat visits.

The Right Address for the Right Business
Whether you're launching a boutique concept, specialty food retail, gallery space, or experiential retail venture, this basement suite offers the visibility, character, and affordability that emerging and established brands need to thrive. Pioneer Square customers actively seek out independent retailers with personality – and this space delivers the authentic setting your brand deserves.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

The Nord Building – Strategic Location, Historic Distinction

Positioned at 314 1st Avenue South in Pioneer Square, the Nord Building delivers a compelling value proposition for businesses seeking a prestigious Seattle address with tangible operational advantages. This three-story commercial property, constructed in 1900 and professionally renovated in 1982, combines architectural distinction with contemporary business infrastructure.

Ground-floor spaces feature expansive street-facing windows that maximize visibility and customer engagement – a strategic asset for retail operations, food service establishments, or client-facing businesses requiring strong foot traffic conversion. Upper-level office suites and coworking environments provide efficient, professional workspaces equipped with enterprise-grade internet connectivity, shared kitchen facilities, and 24/7 secure building access to support flexible business operations.
The property's Pioneer Square location offers significant competitive advantages: proximity to a concentrated mix of commercial, dining, and professional services; superior public transportation access including multiple transit lines; and high walkability scores that facilitate client meetings and employee commutes. The surrounding business ecosystem includes established corporate tenants, legal and professional services firms, and a robust dining and hospitality sector.

PSM-100 zoning provides operational flexibility for diverse business applications. Building management is handled by AGM Real Estate Group LLC, offering institutional-grade tenant services including digital payment processing, systematic maintenance protocols, and centralized communications infrastructure to minimize administrative burden.

The Nord Building represents a strategic real estate decision: proven location performance, maintained historic assets, and professional building operations supporting long-term business objectives.

Highlights

Heavy day-time foot-traffic
Historic building charm
High density of businesses and mixed-use spaces
Lots of natural light
Historic 1900 brick building, renovated in 1982, spanning three stories

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 6 min 0.3 mi
Transit/SubwayDriveWalkDistance
Pioneer Square (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 1 min 6 min 0.3 mi
Pioneer Sq Sta AcRd & Tunnel Sta.-BAY C (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 1 min 6 min 0.3 mi
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 1 min 7 min 0.3 mi
International District/Chinatown (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 7 min 0.4 mi
Intl District Station AcRd & Tunnel Sta.-BAY C (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Seattle-Tacoma International 23 min - 14.3 mi
Seattle Paine Field International 36 min - 24.2 mi
Alec Gessel 206-622-8600 AGM Real Estate Group
Alec Gessel 206-622-8600 AGM Real Estate Group