Listing Agency: Prolink Realty, LLC d**@prolinkre.com Show Phone

Listed By: Donald Tsai Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Aug 9 Last Checked: Aug 11 at 1:37PM

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Investment Insights

Based on property information with market context.

Located on University Way NE in Seattle's University District, 4341 University Way NE offers an opportunity to acquire a stabilized, income-producing asset. The property features 40 feet of frontage and high visibility, benefiting from pedestrian traffic supported by the University of Washington. The building is fully occupied by long-term tenants, with a mix of two street-level retail spaces and two updated second-floor units. Zoned NC3P-65 and located near the U District Light Rail Station, the site presents redevelopment potential while providing cash flow. This property is suited for investors seeking income stability, long-term appreciation, and future mixed-use development potential in a high-demand, transit-rich area.

Key Highlights

• Fully stabilized, income‑producing property in Seattle's University District.
• Prime location on University Way NE with high visibility and pedestrian traffic.
• 100% occupied with long‑term tenants and updated units.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Florist Home Appliance Store Nursing Home (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.

Location Intelligence

Trade Area within ½ mile

5,742

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Fully stabilized, income-producing asset in Seattle's University District.

Where is this retail space located?

The property is located at 4341-4343 University Way NE Seattle, WA.

What is the asking price?

The asking price for this property is $3,950,000.

What are key features of this property?

This property features: Fully stabilized, income‑producing property in Seattle's University District.; Prime location on University Way NE with high visibility and pedestrian traffic.; 100% occupied with long‑term tenants and updated units.