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    4039 21st Avenue W | Seattle, WA 98199 Seattle, WA 98199

    For Lease
    $22 SF/Yr

    Seattle waterfront office building, prime location.

    Lot size:
    23,958 SF

    Description

    Added:
    Jan 17, 2025
    Days on Market:
    332
    This well-maintained, locally managed office building offers 23,958 rentable square feet of versatile space in Seattle's Interbay neighborhood. Multiple demising plans are available to accommodate various business needs. The building features a secure lobby with elevator access and convenient covered parking. Recent renovations include new carpeting and paint throughout. Enjoy stunning views of the marina and ship canal. Its prime location offers easy walking access to Fisherman's Terminal, with nearby amenities such as Chinooks, Bay Café, and Highliner Public House. The building is also conveniently situated near Magnolia, Queen Anne, Ballard, and Fremont, with downtown Seattle just a 15-minute commute away. The annual rate is $22 per square foot. This exceptional property presents a unique opportunity for businesses seeking a vibrant and accessible location in a thriving Seattle community. The building's excellent condition and desirable location make it an ideal choice for a variety of office uses.

    Property Features for 4039 21st Avenue W | Seattle, WA 98199

    General Information

    Property type
    Residential offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,958 SF
    Class
    B
    Elevators
    N/A
    Total Rate
    43923

    Building Details

    Year Built
    1983

    HighLights

    • 23,958 square feet of office space available in Seattle's Interbay neighborhood.
    • Building features covered parking, secure access, and recently updated interiors.
    • Enjoy stunning marina and ship canal views, plus proximity to Fisherman's Terminal and popular Seattle areas.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stacey & Jacobsen, PLLC Personal Injury Attorney Emissary Law Consultant Silver Bay Seafoods, ... Food Processing Company Minuti & Associates Accountant Slattery Properties Warehouse

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    State
    Washington
    Longitude
    -122.383769
    Latitude
    47.657087

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    FAQs

    What type of property is this?
    Residential office - Seattle waterfront office building, prime location.
    Where is this residential office located?
    The property is located at 4039 21st Avenue W | Seattle, WA 98199 Seattle, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 23,958 square feet of office space available in Seattle's Interbay neighborhood.; Building features covered parking, secure access, and recently updated interiors.; Enjoy stunning marina and ship canal views, plus proximity to Fisherman's Terminal and popular Seattle areas.
    (206) 852-1640
    Request Owner's contact information
    4039 21st Avenue W | Seattle, WA 98199 Seattle, WA 98199
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4039 21st Avenue W | Seattle, WA 98199 Seattle, WA 98199
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