Commercial Office Condo in
For Sale
$345,000
3408 NE 65th Street #A, Seattle, WA 98115
Commercial office condo with street frontage in Bryant neighborhood.
Property Size879 SF
Lot Size0.14 Acres
Price / SF$392.49
Days on Market251
Property Features for 3408 NE 65th Street #A
General Information
Standard status
Active
Size
879 SF
Lot size
0.14 Acres
Property subtype
Commercial
Building Details
Year Built
1998
Listing Agency:
WINDERMERE REAL ESTATE MIDTOWN
(206) 682-1044
Listed By:
LAUREN HENDRICKS
Source:
Corcoran
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 29 at 9:41AM
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.
This commercial office condo, identified as Unit A, offers an area of 879 square feet. It is situated on the ground floor of the Bryant View Condominiums. The unit has its own entrance, private restroom, HVAC system, and electric meter. It features street frontage of 70 feet, providing visibility and signage opportunities. The condo is suitable for professional office use, such as for attorneys, accountants, architects, chiropractors, or medical/dental practices. The monthly dues are $178, covering building insurance, water, and sewer services. The unit can be purchased separately or together with Unit B, which would create a combined space of 1,758 square feet. The units are currently configured as a single unit, but each has its own entrance, restroom, HVAC, and electric meter.
Key Highlights
- Prime location in the heart of Bryant.
- Excellent visibility and signage with 70 feet of street frontage.
- Opportunity to own commercial office space instead of renting.
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 | $31.6k | $36.00 |
| − Vacancy | −$6.9k | −$7.88 |
| EGI | $24.7k | $28.12 |
| − OpEx | −$6.2k | −$7.03 |
| NOI | $18.5k | $21.09 |
879 SF · lease $36.00/SF/yr · vacancy 21.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$264.8K
$231.7K – $308.9K
NOI $18,535 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.1K
$308.1K – $410.7K
NOI $24,644 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 98115, WA
54,322
Population
24,966
Households
2.2
Avg Household Size
36
Median Age
78%
College-Educated
99%
High-School Grad
6.6 sq mi
ZIP Area
8,231
Density / Sq Mi
$148,190
Median Household Income
$82,332
Median Earnings
$2,118
Median Rent
$1,041,500
Median Home Value
Market
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial office condo with street frontage in Bryant neighborhood.
Where is this office units located?
The property is located at 3408 NE 65th Street #A Seattle, WA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Prime location in the heart of Bryant.; Excellent visibility and signage with **70 feet of street frontage.**; Opportunity to own commercial office space instead of renting.
