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    414 70Th St Seattle, WA 98115

    For Sale
    $1,650,000

    Seattle Greenlake: Own Your Space!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located at 414 NE 70th Street in Seattle's desirable Greenlake neighborhood, presents a unique investment opportunity. Priced at $1,650,000, this general commercial building offers a versatile space ideal for a variety of uses, including retail or professional office space. Currently occupied by a dry cleaning business utilizing environmentally safe practices, the property boasts an open layout, providing flexibility for future tenants or owners. The existing tenant will vacate upon closing, allowing for immediate occupancy or the opportunity to lease to a new business. This is a rare chance to own your own property in a highly sought-after location, eliminating rent payments and building equity. The property sits on a lot with zero acres, making it a manageable and potentially easily adaptable space. The absence of a listed square footage necessitates an in-person inspection to determine the precise dimensions of the building. This property is perfect for an owner-occupier seeking a prime location in a thriving Seattle neighborhood or an investor looking for a strong return on investment in a stable market. The opportunity to establish a business in this established area, with its high foot traffic and residential proximity, is significant. Don't miss this chance to secure a valuable asset in a prime Seattle location. Contact us today to schedule a viewing.

    Property Features for 414 70Th St

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Fusion Dry Cleaners Dry Cleaner PuroClean Damage Specialists General Contractor UPS Access Point ... Shipping And Mailing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3241
    Latitude
    47.67929

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    FAQs

    What type of property is this?
    Commercial real estate - Seattle Greenlake: Own Your Space!
    Where is this commercial real estate located?
    The property is located at 414 70Th St Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,650,000.
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    414 70Th St Seattle, WA 98115
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    Seattle, WA 98115
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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
    414 70Th St Seattle, WA 98115
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