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Seattle Office Building with Views
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4019 21st Avenue W, Seattle, WA 98199

Class B office building in North Magnolia with water views.

Property Size26,430 SF
Days on Market167

Property Features for 4019 21st Avenue W

General Information

Standard status Active
Size 26,430 SF
Property subtype Office
Listing Agency: NAI Puget Sound Properties Bellevue
Listed By: Arie Salomon, SIOR, CCIM · License #25750
Source: Nai-psp
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 20 at 5:53AM

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 NAI Puget Sound Properties Bellevue

Investment Insights

Based on property information with market context.

This Class B office building is located in Seattle’s North Magnolia submarket and offers views of the water and Fisherman’s Terminal. The total building size is 26,430 rentable square feet, with 11,240 rentable square feet available. Suites are divisible down to approximately 2,000 rentable square feet. Onsite parking is available at a ratio of 2.69 spaces per 1,000 square feet, with both garage and surface parking options. The second floor includes an exercise room and showers. Currently, 57.47% of the building is leased to Silver Bay Seafoods, with 8.5 years remaining on the lease.

Key Highlights

  • Dramatic water views
  • Located in Seattle’s North Magnolia submarket
  • Onsite parking (2.69/1,000 SF) with garage and surface options

Property Analytics

Current Use

Icicle Seafoods Inc Take-out & Catering ISI International Take-out & Catering Cresting Wave Seafoods ... Take-out & Catering American Gold Seafoods Food Processing Plant

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Mobile Phone Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,582
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

Market

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class B office building in North Magnolia with water views.
Where is this office building located?
The property is located at 4019 21st Avenue W Seattle, WA.
What are key features of this property?
This property features: Dramatic water views; Located in Seattle’s North Magnolia submarket; Onsite parking (2.69/1,000 SF) with garage and surface options
More about this property
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