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    2300 W Commodore Way Seattle, WA 98199

    For Sale
    $2,755,000

    Office building on Magnolia, suitable for owner or satellite office.

    Lot size:
    0.39 Acres

    Property Features for 2300 W Commodore Way

    General Information

    Lot size
    0.39 Acres

    Source: RE/MAX Metro Realty, Inc. Agent Rebecca Haas

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

    Overview

    Magnolia Office Building For Sale

    This property on Magnolia presents an excellent opportunity for an owner/user. It is suitable for local service businesses such as CPA, design, or law offices. It also serves as a great option for a satellite office of a larger firm seeking a footprint in Seattle. The property is surrounded by marine-based businesses, with other business types also present throughout the area. Commodore is a main thoroughfare up to Discovery Park and the residential district of Magnolia. The architectural firm in the 2nd suite is currently on a month-to-month lease and would like to stay if the new owner is amenable. The zoning MML U/45 provides a number of uses, and buyers should conduct their own due diligence with the City of Seattle to explore all options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Steel Encounters Inc. Steel Distributor Pierce Design Design Agency Robert Edson Swain, ... Architect Richartz Studios, Inc. Architect

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.386088
    Latitude
    47.660635

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    FAQs

    What type of property is this?
    Office space - Office building on Magnolia, suitable for owner or satellite office.
    Where is this office space located?
    The property is located at 2300 W Commodore Way Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,755,000.
    What are key features of this property?
    This property features: - Excellent owner/user opportunity in Seattle's Magnolia neighborhood.; - Suitable for local service businesses like CPA, design, or law offices.; - Potential for a satellite office for larger firms seeking a Seattle presence.
    (206) 910-3429
    Request Owner's contact information
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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
    2300 W Commodore Way Seattle, WA 98199
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