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    8212-8218 Greenwood Ave N Seattle, WA 98103

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    For Sale
    $5,500,000

    Stabilized mixed-use property in Seattle's Greenwood neighborhood with income potential.

    Lot size:
    0.29 Acres

    Property Features for 8212-8218 Greenwood Ave N

    General Information

    Lot size
    0.29 Acres

    Source: Compass Washington Agent Ben Kaufman

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

    Overview

    Greenwood Mixed-Use Investment Opportunity

    This mixed-use property is located in the Greenwood district and features five ground-floor retail spaces and seven apartments. The apartment floor plans include three one-bedroom units, two studio units, and two two-bedroom units. On-site laundry facilities are available. The property includes 21 dedicated parking spaces. The parcel is zoned NC2P55, and the parking lot could support a residential development.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3550574
    Latitude
    47.6888874

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    FAQs

    What type of property is this?
    Mixed-use property - Stabilized mixed-use property in Seattle's Greenwood neighborhood with income potential.
    Where is this mixed-use property located?
    The property is located at 8212-8218 Greenwood Ave N Seattle, WA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Strong cash flow and immediate income potential.; - Prime location in the high-demand Greenwood district, Seattle.; - Mixed-use property with five retail spaces and seven apartments.
    (206) 300-0115
    Request Owner's contact information
    8212-8218 Greenwood Ave N Seattle, WA 98103
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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
    8212-8218 Greenwood Ave N Seattle, WA 98103
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