1607 Dexter AveSeattle, WA 98109

Property Details for 1607 Dexter Ave

Year built

1912

Construction

WOOD

Lot size

0.12 AC

Property size (Sq ft)

6,972 SF

Zone code

NC3P-55 (M)

Property type

Office buildings

APN

880790-0260

APU

8807900260

Description

This exceptional executive office space, located at 1607 Dexter Avenue North in Seattle, Washington, offers a unique opportunity for businesses seeking a prestigious address in King County. The property boasts a total of 6,119 square feet, with 2,747 square feet currently available for lease. This presents a significant opportunity for a company looking to establish or expand its presence in a vibrant and thriving urban environment. The building features a multiple tenancy structure, providing a diverse and dynamic work environment. The available space is ideal for a variety of executive office needs, offering ample room for individual offices, collaborative workspaces, and meeting areas. The property's convenient location in the 98109 zip code provides easy access to major transportation routes, amenities, and other key business centers. With three parking spaces available, this property offers added convenience for employees and clients. This is a rare opportunity to secure high-quality office space in a desirable Seattle location. The property is classified as an office building with an executive office subtype. Serious inquiries are encouraged to explore this exceptional opportunity further. The building's total square footage is 6,119 square feet, with 2,747 square feet currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,138,190

  6.5%

  $1,973,720

  7%

  $1,832,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,869,640

  Geo Method

  $1,342,670

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,760,530

  Retail / Commercial

  $1,952,900

  Mixed-Use / Specialty

  $1,965,260

  Hospitality / Lodging

  $1,467,010

  Institutional / Educational

  $2,049,990

  Residential Income

  $2,398,490

  Multifamily

  $2,769,490

  Automotive / Energy

  $1,757,130

  Parking / Income-Based Land

  $587,274

  Restaurant / Food Service

  $1,063,390

  Healthcare / Senior Housing

  $1,995,530

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6337

Longitude

-122.343

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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