Seattle Office Building For
614 Boylston Ave E Seattle, WA 98102
For Sale
$2,975,000
6,510 SF office building in Seattle, WA for sale.
Property Size6,510 SF
Price / SF$456.99
Days on Market138
Property Features for 614 Boylston Ave E
General Information
- Standard status
- Active
- Size
- 6,510 SF
- Property subtype
- Office
Building Details
- Year Built
- 1906
Listing Agency:
Kidder Mathews - Seattle
(206) 296-9610
Listed By:
Dan Swanson · License #13533
(206) 296-9610
Source:
Kidder
Added: Mar 8
Changed: Jul 10
Last Checked: Mar 26 at 9:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews - Seattle
Investment Insights
Based on property information with market context.
A 6,510 square foot office building is available for sale. The property is located in Seattle, Washington.
Key Highlights
- 6,510 SF office building
- Located in Seattle, WA
- For sale
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.6k | $30.36 |
| − Vacancy | −$45.3k | −$6.95 |
| EGI | $152.4k | $23.41 |
| − OpEx | −$38.1k | −$5.85 |
| NOI | $114.3k | $17.56 |
6,510 SF · lease $30.36/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.63M
$1.43M – $1.90M
NOI $114,287 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,099 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Phinney Bischoff
Marketing & Advertising
Timberlane Partners
Corporate Office
FAQs
What type of property is this?
Office building - 6,510 SF office building in Seattle, WA for sale.
Where is this office building located?
The property is located at 614 Boylston Ave E Seattle, WA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: 6,510 SF office building; Located in Seattle, WA; For sale
