Seattle Condo Authority Network • Pioneer Square
25-unit Pioneer Square mid-rise completed 2003. Boutique condominium building in Seattle's historic Pioneer Square neighborhood.
Building Profile
| Building Name | Banner Building |
| Address | Data to be verified |
| Year Built | 2003 |
| Total Units | 25 |
| Stories | Data to be verified |
| Neighborhood | Pioneer Square, Seattle, WA |
| HOA Fees | $375–$700/mo (est.) |
| Price Range | $325K–$800K+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
Banner Building is a 25-unit condominium mid-rise in Pioneer Square, completed in 2003. At 25 units, Banner Building is one of Pioneer Square's smaller and more boutique condo addresses, creating an ownership community with the intimacy and responsive governance that larger buildings cannot offer.
Pioneer Square's National Historic District character makes it one of Seattle's most distinctive neighborhoods for condo buyers who value urban authenticity and architectural heritage. Banner Building's 2003 completion brings contemporary construction into this historic context, offering buyers modern building systems within Pioneer Square's established urban fabric.
The neighborhood's proximity to the Seattle waterfront, CenturyLink Field, T-Mobile Park, Downtown Seattle, and the International District gives Banner Building residents access to a broad range of Seattle's core urban amenities. Link Light Rail at Pioneer Square Station provides regional transit connectivity.
Jeff Reynolds maintains sales data and HOA financials for Banner Building within the Seattle Condo Authority Network. Address and stories count should be verified; contact Jeff for current listings and a full Pioneer Square comparison.
Due Diligence
Key factors every buyer should evaluate before making an offer at Banner Building. Jeff Reynolds reviews these items as part of every buyer consultation for this building.
At 25 units, Banner Building has significant financing restrictions. Plan for 25–30% down or a portfolio lender. Conventional Fannie Mae financing is typically unavailable at this unit count. Confirm financing strategy with Jeff Reynolds before making an offer.
Banner Building has been operating since 2003—over 20 years in Pioneer Square. Request the reserve study and percent-funded figure. Pioneer Square buildings often face higher maintenance costs related to their urban environment and historic context.
Banner Building represents 2003 new construction in Pioneer Square—a rarer product than adaptive reuse in the neighborhood. Verify current condition of building systems at the 20-year mark.
Pioneer Square’s active development trajectory, stadium adjacency, and waterfront proximity create a unique urban context. Verify the building’s specific street address and neighborhood microenvironment—Pioneer Square has meaningful block-by-block character differences.
Buyer Fit
Banner Building attracts specific buyer profiles based on its building format, location, ownership structure, and price point. Here is who Jeff Reynolds most often works with at this building—and why.
Banner Building offers Pioneer Square’s location advantages in a 2003 new-construction format—a less common product in a neighborhood dominated by historic conversions.
Jeff Reynolds connects buyers with lenders experienced in small Pioneer Square buildings. The financing process is manageable for buyers who prepare ahead of time.
Banner Building typically offers better value per square foot than comparable downtown buildings—for buyers comfortable with Pioneer Square’s urban character and the boutique building financing process.
Market Data
Banner Building trades at Pioneer Square boutique pricing—a discount to comparable downtown buildings, reflecting neighborhood position and small-association dynamics. 2003 construction quality holds value well relative to older Pioneer Square inventory.
| Unit Type | Recent Sale Range | Est. $/sq ft | Notes |
|---|---|---|---|
| 1-Bedroom | $420K–$580K | $465–$545 | Pioneer Square discount vs. downtown |
| 2-Bedroom | $600K–$840K | $460–$535 | 2003 construction quality supports range |
Pricing reflects Banner Building in Pioneer Square (2003 vintage, 25 units). HOA estimated at $375–$700/mo. Contact Jeff Reynolds for current listings, verified HOA financials, and a personalized buyer analysis.
Knowledge Base
Before buying any Seattle condo, these guides answer the questions every buyer should resolve about HOA finances, financing eligibility, and closing requirements.
What condo HOA fees cover, how they're calculated, and what to look for in a building's fee structure.
How reserve funds work, what percent-funded means, and why the reserve study matters before you buy.
How rental caps, owner-occupancy ratios, and HOA delinquency rates affect your loan eligibility.
What the resale certificate contains, why it matters, and the key red flags buyers should watch for.
Explore More
Other condos in Pioneer Square at a similar price tier, with links to full building profiles, buyer analysis, and current market data.
See all buildings: Browse all Pioneer Square condo buildings →
Frequently Asked Questions
Banner Building is located in Pioneer Square, Seattle. The exact address is to be verified. Pioneer Square sits at the southern edge of Downtown Seattle, with Link Light Rail at Pioneer Square Station, proximity to the waterfront, and walking distance to CenturyLink Field and the International District.
Banner Building has 25 residences. The building was completed in 2003. Contact Jeff Reynolds for current availability and recent comparable sales.
Banner Building was completed in 2003. With over two decades of HOA history, the building has an established reserve fund and a mature ownership community.
HOA fees at Banner Building are estimated at $375–$700 per month depending on unit size. Boutique buildings sometimes benefit from lower per-unit shared costs. Contact Jeff Reynolds for verified current figures.
Banner Building's boutique 25-unit scale and 2003 vintage offer Pioneer Square buyers an intimate ownership environment. Jeff Reynolds can advise on how Banner Building compares to other Pioneer Square condo options including Gridiron, One Main Street, and Market Court.
Your Pioneer Square Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Banner Building and every building in the Seattle Condo Authority Network. If you're buying or selling at Banner Building, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Banner Building, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.
Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com
Current listings, recent sales, HOA financials, and buyer strategy. No obligation.