Seattle Highland Park Corner
1316 SW Holden Street Seattle, WA 98106
For Sale
$1,900,000
Corner lot in Seattle's Highland Park with redevelopment potential.
Property Size5,000 SF
Lot Size0.18 Acres
Price / SF$380
Days on Market145
Property Features for 1316 SW Holden Street
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.18 Acres
Property subtype
Commercial
Building Details
Year Built
1949
Listing Agency:
JOHN L. SCOTT, INC
(425) 227-9200
Listed By:
STEVEN WHITE
Source:
Corcoran
Added: Mar 7
Changed: Jul 6
Last Checked: Jul 29 at 9:22AM
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 JOHN L. SCOTT, INC
Investment Insights
Based on property information with market context.
This 7,716 square foot corner lot is located in Seattle’s Highland Park neighborhood. The property features an existing building with just over 5,000 square feet of total space. It offers flexible potential for redevelopment, investment, or adaptive reuse. The location provides excellent visibility and accessibility with frontage on SW Holden St. It is conveniently located near South Seattle College, major transit routes, and neighborhood amenities. This property is suitable for investors, developers, or organizations seeking space in a rapidly evolving area of West Seattle.
Key Highlights
- Large 7,716 SF corner lot in Seattle's Highland Park.
- Existing 5,000+ SF building with redevelopment/investment potential.
- Excellent visibility and accessibility on SW Holden St.
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 | $151.8k | $30.36 |
| − Vacancy | −$34.8k | −$6.95 |
| EGI | $117.0k | $23.41 |
| − OpEx | −$29.3k | −$5.85 |
| NOI | $87.8k | $17.56 |
5,000 SF · lease $30.36/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,778 @ 7.0% cap · market cap 4.62%
Second Best
Retail
$1.07M
$931.9K – $1.24M
NOI $74,554 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,299 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner lot in Seattle's Highland Park with redevelopment potential.
Where is this mixed-use property located?
The property is located at 1316 SW Holden Street Seattle, WA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Large 7,716 SF corner lot in Seattle's Highland Park.; Existing 5,000+ SF building with redevelopment/investment potential.; Excellent visibility and accessibility on SW Holden St.
