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    9615-9629 15Th Ave SW Seattle, WA 98115

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    For Sale
    $1,200,000

    5,600 SF retail building in thriving White Center business district.

    Lot size:
    0.27 Acres

    Property Features for 9615-9629 15Th Ave SW

    General Information

    Lot size
    0.27 Acres

    Source: Coldwell Banker Commercial Danforth Agent Dominic Temmel

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

    Overview

    White Center Retail Investment Opportunity

    This 5,600 SF retail building is located in the White Center business district, just off Roxbury Street. The property is configured with four suites and is currently fully leased on a month-to-month basis to a Mexican Deli Restaurant. The tenant is prepared to sign a new 5-year lease with a 5-year option, starting at $16/SF + NNN with 3% annual escalations, providing a 7.5% cap rate at stabilization. The property is suitable for both investors and owner-users and offers stable income potential and strong long-term growth. It has excellent freeway access.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -122.3125133
    Latitude
    47.6990927

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    FAQs

    What type of property is this?
    Retail space - 5,600 SF retail building in thriving White Center business district.
    Where is this retail space located?
    The property is located at 9615-9629 15Th Ave SW Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 5,600 SF retail building offering flexibility for investors and owner-users.; - Potential for **7.5% cap rate** at stabilization with a new 5-year lease and option.; - Currently fully leased to a Mexican Deli Restaurant.
    (253) 273-6474
    Request Owner's contact information
    9615-9629 15Th Ave SW Seattle, WA 98115
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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
    9615-9629 15Th Ave SW Seattle, WA 98115
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