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    3121 W Government Way Seattle, WA 98199

    For Sale
    $448,000

    Versatile commercial condo in Magnolia, Seattle, suitable for office/retail.

    Property size:
    950 SF
    Lot size:
    0.28 Acres

    Property Features for 3121 W Government Way

    General Information

    Size
    950 SF
    Lot size
    0.28 Acres

    Source: Compass Washington Agent Susana Musi

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

    Overview

    Magnolia Commercial Condo For Sale

    Located in the retail district marking the entrance to Discovery Park on West Government Way in Magnolia, Seattle, this commercial condo at Atwater Park Condominiums offers a versatile space suitable for office or retail use. The property features a light-filled floor plan. Accessibility is enhanced by three dedicated parking spaces located in the secured at-grade garage. The property has a contemporary interior and seamless access to major thoroughfares. The property has a total size of 950 square feet. Please note that this property is not suitable for restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    America Freestyle Alterations Clothing Alteration Service Magnolia Nails & Spa Nail Salon Deep9 General Contractor The Math Maestro Tutoring Service Goodwin Architects Architect

    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
    County
    King
    State
    Washington
    Longitude
    -122.397418
    Latitude
    47.661273

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    FAQs

    What type of property is this?
    Office space - Versatile commercial condo in Magnolia, Seattle, suitable for office/retail.
    Where is this office space located?
    The property is located at 3121 W Government Way Seattle, WA.
    What is the asking price?
    The asking price for this property is $448,000.
    What are key features of this property?
    This property features: - Prime location on West Government Way, the retail entrance to Discovery Park.; - Versatile space suitable for office or retail use.; - Three dedicated parking spaces in a secured garage.
    (206) 214-5468
    Request Owner's contact information
    3121 W Government Way Seattle, WA 98199
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    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
    3121 W Government Way Seattle, WA 98199
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