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    308 Melrose Ave E Seattle, WA 98102

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    For Sale
    $4,250,000

    Specialty property in Seattle available for purchase.

    Property size:
    11,300 SF

    Property Features for 308 Melrose Ave E

    General Information

    Size
    11,300 SF

    Building Details

    Year built
    1928
    Source: Corcoran

    Listing Agent: Jerrid Anderson

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

    Overview

    Seattle Specialty Property For Sale

    A specialty property is available for sale, offering 11,300 square feet of space. The property is located in Seattle, Washington.
    Location Intelligence

    Current Use by Public Records

    The Laveda Apartment Building

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office 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
    -122.3277298
    Latitude
    47.6211583

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    FAQs

    What type of property is this?
    Specialty property - Specialty property in Seattle available for purchase.
    Where is this specialty property located?
    The property is located at 308 Melrose Ave E Seattle, WA.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Specialty property; - Located in area; - Available for purchase
    Request Owner's contact information
    308 Melrose Ave E Seattle, WA 98102
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    Seattle, WA 98102
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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
    308 Melrose Ave E Seattle, WA 98102
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