2315 4Th AveSeattle, WA 98121

Property Details for 2315 4Th Ave

Year built

1923

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.15 AC

Property size (Sq ft)

5,030 SF

Zone code

DMR/C 280/125

Property type

Retail space

APN

065600-0605

APU

656000605

Description

This exceptional retail opportunity in Seattle's vibrant downtown presents 13,467 square feet of vacant space, ideally suited for multiple tenants. Located at 2315 4th Ave, in the heart of King County, this property offers unparalleled visibility and accessibility. The building is currently entirely vacant, providing a unique chance to establish a presence in a high-traffic area. Flexible lease terms are available for spaces ranging from a minimum of 1,119 square feet to a maximum contiguous space of 5,411 square feet, catering to a variety of business needs and sizes. The property's classification as commercial retail ensures a diverse potential tenant base, attracting a wide range of businesses. Its central Seattle location in zip code 98121 offers easy access to public transportation, major roadways, and a dense population of potential customers. This is an exceptional chance to secure a prominent retail space in one of Seattle's most desirable areas. The property's total square footage is 13,467, providing ample room for expansion or multiple tenants. The address is easily accessible and highly visible, ensuring maximum exposure for your business. This is a rare opportunity to lease a significant amount of retail space in a prime Seattle location. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,526,350

  6.5%

  $1,408,940

  7%

  $1,308,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,402,820

  Geo Method

  $1,007,420

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,713,060

  Mixed-Use / Specialty

  $1,417,850

  Hospitality / Lodging

  $1,058,390

  Office

  $1,423,950

  Institutional / Educational

  $1,478,980

  Residential Income

  $1,730,410

  Multifamily

  $1,998,070

  Automotive / Energy

  $1,267,700

  Parking / Income-Based Land

  $423,693

  Restaurant / Food Service

  $767,190

  Healthcare / Senior Housing

  $1,439,690

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6155

Longitude

-122.345

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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