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    2749-2751 4Th Ave S Seattle, WA 98109

    For Sale
    $1,740,000

    Retail property with redevelopment potential near I-5 and Highway 99.

    Lot size:
    0.21 Acres

    Property Features for 2749-2751 4Th Ave S

    General Information

    Lot size
    0.21 Acres

    Source: Leavitt Capital Co. Agent Marc Mowrer

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

    Overview

    Retail Property Near Downtown Seattle

    This retail property is located a few miles from downtown. The lease allows for the owner to redevelop the property, terminating the lease with proper notice to the tenant, should that be the buyer's motivation. Situated between Highway 99 and I-5 on 4th Avenue South, the real estate is positioned for a return on investment.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3295006
    Latitude
    47.5783194

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    FAQs

    What type of property is this?
    Retail space - Retail property with redevelopment potential near I-5 and Highway 99.
    Where is this retail space located?
    The property is located at 2749-2751 4Th Ave S Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,740,000.
    What are key features of this property?
    This property features: - Below market price compared to comparable properties.; - Guaranteed by a strong and growing business operator.; - Redevelopment potential with lease termination option (with proper notice).
    (509) 927-7747
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    2749-2751 4Th Ave S Seattle, WA 98109
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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
    2749-2751 4Th Ave S Seattle, WA 98109
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