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    6408 Latona Ave NE Seattle, WA 98115

    For Sale
    $2,000,000

    Commercial property in Seattle's Greenlake neighborhood with development potential.

    Property Features for 6408 Latona Ave NE

    General Information

    Standard status
    Active

    Building Details

    Year built
    1907

    Source: WINDERMERE REAL ESTATE M2 LLC Agent NICKOLAS NICOLOUDAKIS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenlake Retail Investment Opportunity

    This commercial property presents a rare investment opportunity in Seattle's Greenlake neighborhood. The existing 4,140 square foot building is situated on a 5,465 square foot lot and currently houses four retail businesses. Recent rezoning allows for building heights up to 40 feet, presenting a commercial development opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -122.3252669
    Latitude
    47.6755945

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    FAQs

    What type of property is this?
    Retail space - Commercial property in Seattle's Greenlake neighborhood with development potential.
    Where is this retail space located?
    The property is located at 6408 Latona Ave NE Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Rare commercial property investment opportunity in Seattle's Greenlake neighborhood.; - Recent rezoning allows building up to 40 feet.; - 4,140 sq ft building on a 5,465 sq ft lot.
    Request Owner's contact information
    6408 Latona Ave NE 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
    6408 Latona Ave NE Seattle, WA 98115
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