NOAA MAriNe OperAtiONs CeNter - pACifiC

1801 Fairview Avenue E, Seattle, Washington 

NOAA Marine Operations Center - Pacific 

OFFERING MEMORANDUM

Table of Contents 

1. The Offering 

2. Location 

3. Market 

4. Property Overview 

5. Aerials and Property Photos 

6. Contact Information 

For information contact 

Jason Rosauer 

206.296.9608 l jrosauer@gvakm.com 

Dave Speers 

206.296.9626 l dspeers@gvakm.com 

Curt Ghan 

206.296.9615 l cghan@gvakm.com 

This information supplied herein is from sources we deem reliable. It is provided without any representations, warranty or guarantee, expressed or 

implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, 

including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR.

THE OFFERING 

GVA Kidder Mathews has been retained to exclusively 

market 1801 Fairview Ave E., Seattle, Washington for 

sale – currently operating as the NOAA Marine 

Operations Center - Pacific. This large 8.5 acre Lake 

Union property, consisting of approximately 2 acres 

of upland and approximately 6.4 acres of submerged 

land with 870 feet lineal feet of waterfront, offers 

a unique opportunity to acquire one of the largest 

single parcels on Lake Union. Included with 

this property are two commercial piers totaling 

nearly 2,500 linear feet and a commercial wharf 

of approximately 370 linear feet. The property 

is currently leased to the National Oceanic and 

Atmospheric Agency (NOAA). 

Marketing Process: 

The property is offered on a bid basis. A definitive bid date will 

be set after commencement of the marketing process. 

NOAA Marine Operations Center - Pacific l Offering Memorandum 

Pricing: 

The property is offered unpriced and accepting offers immediately. 


1801 Fairview Avenue East 

Seattle, Washington

LOCATION 

The NOAA Marine Operations Center is located in the 

southeast quarter of Lake Union, in very close proximity 

to the vibrant South Lake Union commercial center that 

is the home of Amazon.com’s corporate headquarters, 

the Fred Hutchinson Cancer Research Center, Bill and 

Melinda Gates Foundation world headquarters, and 

scores of other technology and life sciences companies. 

The property is also conveniently located in close 

proximity to a wide variety of restaurants and shops 

in the Eastlake and South Lake Union shore area. 

1801 Fairview presents a great future development 

opportunity and a chance to own a Seattle lakefront 

property that can never be duplicated. 

NOAA Marine Operations Center - Pacific l Offering Memorandum

MARKET 

The Lake Union Market 

Lake Union is the freshwater centerpiece between Seattle’s Central 

Business District and the thriving close-in neighborhoods of Queen 

Anne, Fremont, Capitol Hill and the University of Washington main 

campus and adjacent University District commercial area. It’s also 

the center of commerce for many companies, marinas, shops and 

residential areas that flourish around the lake’s 6 mile circumference. 

The lake is connected to Puget Sound and the Pacific Ocean by 

the Chittenden Locks to the west and to Lake Washington by the 

Montlake Cut and Portage Bay to the east. 

Two commercial seaplane services operate on the lake, as well as 

several marine tour operations and commercial maritime enterprises, 

in addition to the many marinas for pleasure boats and houseboats. 

“Sleepless in Seattle” was filmed at one of the Lake Union houseboat 

communities. Last September the 12 acre Lake Union Park was 

completed at the south end of the lake, which joins an array of public 

access amenities around the lake’s perimeter. This wonderful park 

opens the waterfront to pedestrians, provides moorage for historic 

vessels and is the home of the Maritime Heritage Center, and soon the 

new location for the University of Washington’s Museum of History 

and Industry. 

One of the most vibrant areas of the lake is its south shore – Seattle’s 

South Lake Union district. Over the last 10 years South Lake Union 

has undergone a major growth period that has transformed the area 

from a sleepy industrial and distribution area to the most dynamic and 

rapidly developing market areas in the Pacific Northwest, including the 

development of over 2,300 residential units, 377,000 square feet of 

retail space and 4,200,000 square feet of office, research, laboratory 

and hotel space. Much of this growth was spearheaded by Paul Allen’s 

Vulcan Real Estate along with other prominent Seattle developers. 

Amazon.com, Inc. is currently moving into its Global Headquarters which 

will take up 2,000,000 square feet of new office space adjacent to the 

southern shores of Lake Union. Other prominent tenants in the area 

include Fred Hutchinson Cancer Research Center, Seattle Biomedical 

Research Institute, Rosetta Inpharmatics, University of Washington 

Medicine and School of Medicine Campus, and the world headquarters for 

the Bill and Melinda Gates Foundation (Microsoft’s founder). The area is 

also becoming a very desirable residential community because of the very 

cutting edge new projects rapidly gentrifying the area, the great small shops 

and restaurants and the close proximity to the best Seattle has to offer in 

the way of shopping, recreational and residential amenities. Also, the South 

Lake Union district is now directly linked to downtown Seattle’s central 

shopping district via the South Lake Union Trolley, which runs from the 

South Lake Union shore to Westlake Center in downtown. 

Mercer Street, the main access to Interstate 5 north and south that 

bisects the South Lake Union district, is presently undergoing widening 

and reorganization which will result in greatly enhanced vehicle and 

pedestrian circulation in the area. In addition, the City of Seattle is 

currently considering zoning modifications for the area to allow for more 

development and create more density by increasing the allowable height 

limit in this district. 

The South Lake Union district is the future. . . . It’s where Seattle’s growth is 

heading. 


PROPERTY OVERVIEW 

Zoning: 

King County APN: 408880-2460 

DNR APN: 40888-2532 

Owner: 

Total Site Size: 

Uplands: 

Submerged Land: 

Building 1: 

Size: 

Construction: 

Building 2: 

Size: 

Construction: 

IG1 U/45 with Marine Overlay 

1801 Fairview Ave E, LLC 

369,000 square feet (8.5 acres)* 

88,368 square feet (2.0 acres) 

915 linear feet or waterfront 

280,362 square feet (6.4 acres) consisting 

of 200,650 square feet of fee simple 

submerged land 

79,712 square feet of harbor area leased 

from Washington State Department of 

Natural Resources (The DNR will require a 

new lease with new ownership.) 

NOAA office and laboratory 

17,100 square feet on 2 floors with 

elevator 

Wood frame - built 1963, remodeled 

1983 

NOAA Warehouse 

12,000 square feet 

Concrete tilt-up - built 

Piers, Docks and 

Wharves: 

Pier 1 & 2: 

The property contains approximately 3,170 linear feet of piers, 

docks and wharf with approximately 51,030 square feet of 

surface area. The pier and wharf areas were extensively damaged 

by a fire in the summer of 2006 that rendered them unusable and 

they have not been repaired. Permits are in place to complete the 

repair work and can be transferred to the new owner. 

Construction bids to restore the piers and wharf to exacting 

NOAA – US Government standards were in the $7.0 Million 

range. Extensive plans and engineering reports are available for 

review. 

2,400 lineal feet of moorage for large vessels 


Other Buildings: 2 other metal buildings totaling 8,223 

square feet were on the property, but one 

was recently taken down. Active permits 

are in place to reconstruct and/or repair 

these buildings. Approximately 974 

square feet of storage buildings are also 

on the site. 

Parking: 

Approximately 105 spaces with additional 

street parking 

*All Measurements are approximate and should be verified by purchaser. King County Tax Records show the total 

property measurement to be 387,455 square feet (8.9 acres). The property measurements listed above were taken 

from the “Site Plan, General Site Data- SP1” prepared by Pacific Engineering, dated 23 Sept. 2009. 

Wharf Pier: 

Docks: 

Depths: 

Current Income: 

370 lineal feet of moorage for large vessels 

400 lineal feet of moorage for small boats 

Depth of moorage areas vary from 50 feet to 13 feet 

(closest to shore). Depths were taken at low lake level. 

NOAA - $47,000/month NNN for the upland portion of the 

property. No rent is currently being collected for the piers, 

docks and wharves 

Lease expiration 6/30/11 

Sea and Shore - $1,500/month NNN 

Lease expiration 3/2011











CONTACT INFORMATION 

Jason Rosauer 

Senior Vice President, Partner 

206.296.9608 

jrosauer@kiddermathews.com 

Fax: 206.296.9629 

Dave Speers 


206.296.9626 

dspeers@kiddermathews.com 

Fax: 206.296.9629 

Curt Ghan 


206.296.9615 

cghan@kiddermathews.com 

Fax: 206.296.9629 


Kidder Mathews 

601 Union Street, Suite 4720 

Seattle, WA 98101-2355 

www.kiddermathews.com

NOAA MAriNe OperAtiONs CeNter - pACifiC

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