Ground-Floor Professional Office
14524 Main Street Northeast Duvall, WA 98019
For Sale
Contact for pricing
Pending
Ground-floor office condo within a mixed-use complex, fully occupied by a healthcare tenant.
Property Size1,459 SF
Days on Market70
Property Features for 14524 Main Street Northeast
General Information
Standard status
Pending
Size
1,459 SF
Property subtype
RETAIL
Listing Agency:
West Coast Commercial Realty, LLC
(206) 799-0199
Listed By:
Jaxson Maurer · License #20107582
(425) 375-3550
Source:
Moodyscre
Added: May 21
Changed: Jul 27
Last Checked: Jul 29 at 1:34PM
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 West Coast Commercial Realty, LLC
Investment Insights
Based on property information with market context.
This ground-floor professional office condo provides 1,459 square feet of street-adjacent space within the Duval Square mixed-use commercial complex. The unit is described as having prominent visibility and seamless accessibility.
The property is 100% occupied by an established boutique healthcare tenant. The tenant’s presence supports immediate income generation while offering a turnkey setup for an owner looking to acquire an occupied office condo in Duvall.
Located at 14524 Main Street Northeast, the unit’s ground-level configuration is designed for convenient day-to-day operations.
The property is 100% occupied by an established boutique healthcare tenant. The tenant’s presence supports immediate income generation while offering a turnkey setup for an owner looking to acquire an occupied office condo in Duvall.
Located at 14524 Main Street Northeast, the unit’s ground-level configuration is designed for convenient day-to-day operations.
Key Highlights
- 1,459 SF ground‑floor professional office/retail condo in Duval Square mixed‑use commercial complex
- 100% occupied by an established boutique healthcare tenant
- Street‑adjacent unit with ground‑floor accessibility and visibility
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 | $52.5k | $36.00 |
| − Vacancy | −$11.5k | −$7.88 |
| EGI | $41.0k | $28.12 |
| − OpEx | −$10.3k | −$7.03 |
| NOI | $30.8k | $21.09 |
1,459 SF · lease $36.00/SF/yr · vacancy 21.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$439.5K
$384.6K – $512.8K
NOI $30,766 @ 7.0% cap · market cap 8.20%
Second Best
Healthcare Medical
$276.2K
$241.7K – $322.3K
NOI $19,335 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$584.4K
$511.3K – $681.8K
NOI $40,906 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Ground-floor office condo within a mixed-use complex, fully occupied by a healthcare tenant.
Where is this office units located?
The property is located at 14524 Main Street Northeast Duvall, WA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,459 SF ground‑floor professional office/retail condo in Duval Square mixed‑use commercial complex; 100% occupied by an established boutique healthcare tenant; Street‑adjacent unit with ground‑floor accessibility and visibility
