Historic Building in Columbia
3722 S Hudson St, Seattle, WA
Call to check price and availability
Two-story commercial building with basement in vibrant urban district.
Type:OFFICE
Property size:
12,342 SFLot size:
0.10 AcresPrice / SF:
$243/SF- Added:
- Oct 15, 2025
- Days on Market:
- 221
- Last Refresh:
- Apr 5 at 8:32 pm
Property Features for 3722 S Hudson St
General Information
- Standard status
- Active
- Size
- 12,342 SF
- Lot size
- 0.10 Acres
- Property subtype
- OFFICE
Listing agent Katherine Kramer Laird (120) 691-5010
Listing office Century Pacific (120) 691-5010
Listing date Oct 15, 2025
Source Moodyscre
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 Century Pacific
HighLights
- Prime corner location at 3722 S. Hudson St. and Rainier Ave S. in a walkable, vibrant urban district.
- Historic two‑story commercial building with basement, offering unique character and potential.
- Listed on the historic registry, preserving architectural integrity and cultural significance.
- Located in Columbia City, a thriving commercial corridor with a strong community identity and rich amenities.
- Well‑preserved Spanish Mission style architecture, virtually unchanged since 1926.
- Suitable for both owner‑users and investors due to its exceptional location and character.
Overview
Located at the corner of S. Hudson St. and Rainier Ave S., this property is a two-story commercial building with a basement. Constructed in 1926 in the Spanish Mission style, the building originally served as Seattle Police Precinct #5 until 1960 and previously housed Columbia City’s town hall. For the past three decades, it has been home to Southeast Youth and Family Services. The building is listed on the historic registry for its architectural integrity and cultural significance, featuring a well-preserved exterior. The property is located in Columbia City, known for its community identity, amenities, and mix of local businesses. The property size is 12342 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$2.41M
NOI $216,672 @ 9.00% cap · cautious / downside scenario
Moderate
$3.10M
NOI $216,672 @ 7.00% cap · market / base-case scenario
Aggressive
$4.33M
NOI $216,672 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $374.7k | $30.36 |
| − Vacancy | −$85.8k | −$6.95 |
| EGI | $288.9k | $23.41 |
| − OpEx | −$72.2k | −$5.85 |
| NOI | $216.7k | $17.56 |
12,342 SF · lease $30.36/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$3.10M
$2.71M – $3.61M
NOI $216,672 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,919 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Southeast Youth & Family ...
Charitable Organization
Dignity For Divas
Charitable Organization
Lara Vander Woude
Medical School
Chrystal Williams
Foster Care Service
Geoffrey Thomas
Counselor
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.285
- Latitude
- 47.5572
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FAQs
What type of property is this?
Office building - Two-story commercial building with basement in vibrant urban district.
Where is this office building located?
The property is located at 3722 S Hudson St Seattle, WA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime corner location at 3722 S. Hudson St. and Rainier Ave S. in a walkable, vibrant urban district.; Historic two‑story commercial building with basement, offering unique character and potential.; Listed on the historic registry, preserving architectural integrity and cultural significance.
