For Sale
$824,950

4601 Aurora Ave Seattle, WA 98103

Seattle Commercial Property: High-Visibility, High-Income Potential

Overview

Added:
Feb 3
Days on market:
74
This exceptional commercial duplex in Seattle's desirable Aurora Avenue North location presents a unique owner-occupancy opportunity. The ground floor boasts ample space ideal for a variety of uses, including a cafe, espresso bar, or medical/professional office, as per zoning regulations. Previously a hair salon and currently a spa (vacatable), the space is ready for immediate occupancy or customization. Extensive recent upgrades include a complete overhaul of plumbing and electrical systems, new fixtures and appliances, and the installation of a high-efficiency heat pump. The ADA-compliant commercial entry features new windows and enhanced insulation. The building also benefits from a 50-year roof. Upstairs, a separate studio apartment or work/live office space offers versatile potential. This mid-century modern unit features tall vaulted ceilings, exposed beams, a designer kitchen, new carpeting, and high-end appliances. Three off-street parking spaces are included. The property enjoys exceptional visibility and easy access, situated just 10 minutes from downtown Seattle and 5 minutes from Green Lake, Fremont, Phinney Ridge, and the Seattle Zoo. Projected annual gross scheduled income exceeds $55,000, representing a 5.5% capitalization rate. This prime location and strong income potential make this a truly exceptional investment.

Property Details for 4601 Aurora Ave

Property type
Commercial real estate
Year Built
1960

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.66234
Longitude
-122.3476
4601 Aurora Ave, Seattle, Washington

FAQs

What type of property is this?
Commercial real estate - Seattle Commercial Property: High-Visibility, High-Income Potential
Where is the commercial real estate located?
The property is located at 4601 Aurora Ave Seattle, WA.
What is the asking price?
The asking price for this property is $824,950.
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4601 Aurora Ave
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