9724 Aurora AveSeattle, WA 98103

  • Retail space
  • 5,712 SF
For Lease
$18/SF/YR View listing

Property Details for 9724 Aurora Ave

Year built
1946
Construction
WOOD
Lot size
0.15 AC
Property size (Sq ft)
5,712 SF
Zone code
NC3P-75 (M)
Property type
Retail space
APN
924790-0005
APU
9247900005

Description

This exceptional 6,950-square-foot mixed-use property in Seattle, WA, presents a rare opportunity for businesses seeking flexible and adaptable space. Located at 9724 Aurora Ave N, 98103, this single-story, 1946-built building offers a unique blend of retail, office, and industrial space, perfect for a variety of uses. Currently, 5,900 square feet are vacant and available, divisible into units as small as 800 square feet, with a maximum contiguous space of 6,950 square feet. The property features a secure yard, ample storage, and is well-suited for businesses needing a combination of office space, retail frontage, and potentially even a commercial kitchen. Its location on Aurora Avenue North provides excellent visibility and accessibility. The adaptable nature of the space allows for customization to suit diverse needs, including but not limited to: construction offices with secure yard space, vehicle storage facilities, small manufacturing or distribution centers with or without retail storefronts, commercial kitchen commissaries with secure parking for food trucks, or retail stores with high-traffic street frontage. The property's versatility makes it an attractive investment for a wide range of businesses. Consider the potential for I-502 compliant uses, subject to all applicable regulations and permits. This is a truly unique opportunity to secure a highly adaptable space in a prime North Seattle location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,264,866
    6.5%
    $2,090,646
    7%
    $1,941,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,375,464
    Geo Method
    $2,772,043
  • Alternative Use

    Use
    Valuation
    Residential
    $1,763,538
    Hospitality
    $1,615,391
    Educational
    $1,343,986
    Medical
    $1,390,208
    Retail
    $2,090,646

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.7003
Longitude
-122.344
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,545
$667,300
$27,300
$694,600
-
$667,300
$27,300
$694,600

FAQs

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