4601 Aurora AveSeattle, WA 98103

Property Details for 4601 Aurora Ave

Year built

1960

Construction

WOOD

Lot size

0.05 AC

Property size (Sq ft)

1,320 SF

Zone code

C1-55 (M)

Property type

Retail space

APN

952110-1072

APU

9521101072

Description

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.

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6623

Longitude

-122.348

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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