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    1551 NW 54TH ST, SEATTLE, WA 98107 SEATTLE, WA 98107

    For Lease
    $20 SF/Yr ($16,960 /Mo)

    10,176 SF Medical Office Space for Lease

    Lot size:
    10,176 SF

    Description

    Added:
    Jan 28, 2025
    Days on Market:
    321
    This exceptional 10,176 square foot medical office space is ideally located at 1551 NW 54TH ST, SEATTLE, WA 98107. Situated on the second floor, this Class B building offers a versatile layout perfect for a variety of healthcare uses, including medical and dental practices. The space is currently available for lease at a yearly rate of $20.00 per square foot. The property consists of one building and is divisible into units as small as 450 square feet, providing flexibility for tenants with varying space needs. This presents a unique opportunity for businesses seeking a well-located, adaptable space within the thriving Seattle healthcare market. The property is categorized as medical offices, medical centers, medical space, office properties, and healthcare properties, reflecting its suitability for a wide range of medical and healthcare-related businesses. Further details regarding lease terms are available upon request. The property's address is 1551 NW 54TH ST, SEATTLE, WA 98107. This is a prime opportunity to establish or expand your healthcare practice in a desirable Seattle location.

    Property Features for 1551 NW 54TH ST, SEATTLE, WA 98107

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,176 SF
    Class
    B
    Elevators
    N/A
    Total Rate
    16960

    Building Details

    Year Built/Renovated
    1960/1979

    HighLights

    • 10,176 square feet of medical office space available in Seattle, WA.
    • Located on the second floor of a Class B building.
    • Divisible space available in 450 sq ft increments, ideal for various needs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Boyce Betsy Physical Therapist Eat Well, Be ... Consultant Balogun Anifat S ... Pulmonologist Jason C. Shaffer, ... Registered General Nurse Ballard Central Massage ... Massage Therapist

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    SEATTLE
    State
    Washington
    Longitude
    -94.327745
    Latitude
    37.178505

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    FAQs

    What type of property is this?
    Medical office - 10,176 SF Medical Office Space for Lease
    Where is this medical office located?
    The property is located at 1551 NW 54TH ST, SEATTLE, WA 98107 SEATTLE, WA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 10,176 square feet of medical office space available in Seattle, WA.; Located on the second floor of a Class B building.; Divisible space available in 450 sq ft increments, ideal for various needs.
    (206) 296-9621
    Request Owner's contact information
    1551 NW 54TH ST, SEATTLE, WA 98107 SEATTLE, WA 98107
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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
    1551 NW 54TH ST, SEATTLE, WA 98107 SEATTLE, WA 98107
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