4339 University Way NE Seattle, WA 98105

Building Details

Year Built

1909

Listing office KIDDER MATHEWS j***@kidder.com

Listing date Mar 30, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

This multi-tenant retail asset is located on University Way NE in Seattle’s University District, a high-traffic urban corridor. Situated on “The Ave,” the property benefits from its location in the U-District's prime retail and pedestrian area, adjacent to the University of Washington campus, which drives significant foot traffic. The property is surrounded by national credit tenants, including Starbucks. All existing tenants operate under NNN leases, providing a stable income stream with minimal landlord responsibilities. The site is zoned NC3P-65, potentially allowing for up to 6 stories of future development.

Key Highlights

• Irreplaceable core location on “The Ave” in Seattle’s University District.
• Adjacent to the University of Washington campus, driving strong foot traffic.
• Stable income stream from NNN leases with minimal landlord management.

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FAQs

What type of property is this?

Retail space - Multi-tenant retail asset in Seattle's University District.

Where is this retail space located?

The property is located at 4339 University Way NE Seattle, WA.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Irreplaceable core location on “The Ave” in Seattle’s University District.; Adjacent to the University of Washington campus, driving strong foot traffic.; Stable income stream from NNN leases with minimal landlord management.