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NNN Commercial Property
New
For Sale
$2,800,000

3221 W McGraw St, Seattle, WA 98199

Two tenants occupy the building, including one with a lease running through August 31, 2031.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market5

Property Features for 3221 W McGraw St

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Commercial
Zoning NC2P-55 (M)

Site & Location

Corner Location Yes
Utilities to Site Yes

Additional Details

Sprinkler System Yes

Building Details

Year Built 1927
Buildings 1
Tenancy Multi
Listing Agency: Windermere Real Estate Midtown
Listed By: Lauren Hendricks
Source: Homesinseattlearea
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 4 at 10:19AM

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 Windermere Real Estate Midtown

Investment Insights

Based on property information with market context.

Built in 1927, this multi-tenant commercial building has two occupants: Magnolia Village Pub and Uptown Espresso. The pub’s lease runs through August 31, 2031, while the espresso tenant is month-to-month. A corner space of 1,518 SF and 2,350 SF of basement area are identified for potential owner occupancy; the basement is sprinklered, and water and sewer are sub-metered.

The building occupies a 4,743 SF corner lot with frontage on West McGraw and 33rd Ave W. Zoning is NC2P-55 (M).

Key Highlights

  • 4,743 SF corner lot zoned NC2P‑55 (M)
  • Frontage measures 47 ft on West McGraw and 99 ft on 33rd Ave W
  • Two tenants: Magnolia Village Pub and Uptown Espresso

Property Analytics

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Current Use

Magnolia Village Pub Restaurant

Suggested Use

Top Pick Auto Parts Store HVAC Service Grocery & Convenience Store Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store

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
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

746
Businesses Nearby

Demographics for 98199, WA

22,549
Population
10,737
Households
2.1
Avg Household Size
39
Median Age
77%
College-Educated
99%
High-School Grad
4.2 sq mi
ZIP Area
5,369
Density / Sq Mi
$176,729
Median Household Income
$99,361
Median Earnings
$2,461
Median Rent
$1,160,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Two tenants occupy the building, including one with a lease running through August 31, 2031.
Where is this nnn property located?
The property is located at 3221 W McGraw St Seattle, WA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 4,743 SF corner lot zoned NC2P‑55 (M); Frontage measures 47 ft on West McGraw and 99 ft on 33rd Ave W; Two tenants: Magnolia Village Pub and Uptown Espresso
More about this property
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