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    4329 University Way Northeast Seattle, WA 98105

    For Lease
    Contact for pricing

    Theater space with large auditorium in high-traffic area.

    Property size:
    10,169 SF
    Lot size:
    10,169 SF

    Property Features for 4329 University Way Northeast

    General Information

    Size
    10,169 SF

    Source: Jennifer Seversen Agent Jennifer Seversen

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

    Overview

    Varsity Theater Space for Rent

    The Varsity property features three theaters, including a primary auditorium with approximately 300 seats on the first level. Additional theaters on the second level offer seating for approximately 130 and 90 people respectively. The property is located between NE 43rd and NE 45th in a high-traffic area, specifically on The Ave, and is situated across the street from the University of Washington Bookstore. The total property size is 10169 square feet. Reconfiguration of the space is possible for a long-term user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Varsity Theatre Movie Theater

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3134737
    Latitude
    47.6607055

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    FAQs

    What type of property is this?
    Theater & concert hall - Theater space with large auditorium in high-traffic area.
    Where is this theater & concert hall located?
    The property is located at 4329 University Way Northeast Seattle, WA.
    What are key features of this property?
    This property features: - High foot-traffic location on The Ave.; - Includes a large ±300 seat auditorium.; - Two additional theaters with ±130 and ±90 seats.
    (206) 390-1498
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    4329 University Way Northeast Seattle, WA 98105
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    Seattle, WA 98105
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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
    4329 University Way Northeast Seattle, WA 98105
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