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Two-Building Medical Office Property
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12351 Lake City Way NE, Seattle, WA 98125

Two connected buildings provide medical and professional office space with dedicated parking and street-level shipping/mail service.

Property SizeContact for details
Lot Size0.35 Acres
Days on Market123

Property Features for 12351 Lake City Way NE

General Information

Standard status Active
Total Parking Spaces 15
Lot size 0.35 Acres
Property subtype Office
Zoning NC3P-75M

Building Details

Tenancy Multi
Listing Agency: Lee & Associates - Seattle
Listed By: Stren Lea · License #WA 121073
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:44PM

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 Lee & Associates - Seattle

Investment Insights

Based on property information with market context.

The CAPO Medical & Professional Buildings feature a two-building office setup designed for medical and professional use. The northern building is occupied by the King County Health Department’s North Seattle Dental Clinic and also includes a screen-printing firm on the second level. The larger southern building has historically operated as professional office space, and street level includes Pony Express, a shipping and mailing service.

The property is located within the Lake City Way district, bounded by a pocket park to the north next to NE 125th Street, and spanning the block between 30th Ave NE and Lake City Way. It sits on two parcels totaling 15,324 SF and includes 15 dedicated parking spaces.

Zoned NC3P-75M, the site is positioned on a frequent transit corridor with express bus service to the University of Washington and Downtown Seattle. Tours require arrangement through the listing agents, and tenants should not be contacted without prior approval.

Key Highlights

  • Two‑building medical & professional office property at 12351–12359 Lake City Way in Seattle
  • Northern building includes King County Health Department’s North Seattle Dental Clinic plus a screen‑printing firm on the 2nd level
  • Southern building has existing professional office history with prior tenants including accountants, financial advisors, counselors, attorneys, and property managers

Property Analytics

Current Use

Apollo Amusement Inc Big Box & Wholesale Store Margaret Wang: Allstate ... Insurance Agency Peter Connick Law Firm New Pathways Alcohol ... Medical Clinic Jenny Nerona-Greer: Allstate ... Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop HVAC Service Catering Service Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby

Demographics for 98125, WA

42,965
Population
21,493
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
7,956
Density / Sq Mi
$96,725
Median Household Income
$61,552
Median Earnings
$1,856
Median Rent
$844,500
Median Home Value

Market

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two connected buildings provide medical and professional office space with dedicated parking and street-level shipping/mail service.
Where is this office building located?
The property is located at 12351 Lake City Way NE Seattle, WA.
What are key features of this property?
This property features: Two‑building medical & professional office property at 12351–12359 Lake City Way in Seattle; Northern building includes King County Health Department’s North Seattle Dental Clinic plus a screen‑printing firm on the 2nd level; Southern building has existing professional office history with prior tenants including accountants, financial advisors, counselors, attorneys, and property managers
More about this property
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