Ground-Floor Office
4752 41st Ave SW Seattle, WA 98116
4752 41st Ave SW, Seattle, WA, 98116
$435,000
For Sale
$435,000
Ground-floor office condo includes three private offices, a reception area, and an in-suite half bath.
Property Size806 SF
Price / SF$539.70
Days on Market16
Property Features for 4752 41st Ave SW
General Information
- Standard status
- Active
- Size
- 806 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing agency
RSVP BROKERS ERA
(425) 519-3619
Listed by
MARIANNA VERESS
Source
Corcoran
Added: Jul 7 Updated: Jul 21 at 6:28PM Checked: Jul 22 at 8:10AM
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 RSVP BROKERS ERA
Investment Insights
Based on property information with market context.
This bright, ground-floor commercial condo is configured with a welcoming reception area and three private offices, along with an in-suite half bath. Tall ceilings, a sprinkler system, and a refrigerator are included. The property also features two deeded parking spaces in the building.
The building is directly across from Safeway. Free street parking is available nearby for visitor convenience.
Offered for sale, this office unit is designed for day-to-day work space and client-facing reception use within a compact, private-office layout.
The building is directly across from Safeway. Free street parking is available nearby for visitor convenience.
Offered for sale, this office unit is designed for day-to-day work space and client-facing reception use within a compact, private-office layout.
Key Highlights
- Ground‑floor commercial condo with three private offices and a reception area
- In‑suite half bath plus tall ceilings
- Includes a refrigerator
Local 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 | $24.5k | $30.36 |
| − Vacancy | −$5.6k | −$6.95 |
| EGI | $18.9k | $23.41 |
| − OpEx | −$4.7k | −$5.85 |
| NOI | $14.1k | $17.56 |
806 SF · lease $30.36/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$202.1K
$176.9K – $235.8K
NOI $14,150 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$242.5K
$212.2K – $282.9K
NOI $16,974 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arin Lavoy
Physician
German Language Services
Translation Service
West Seattle Playful ...
Physician
CoCo & Company Hair ...
Hair Salon
True North Psychotherapy, ...
Crisis Center
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FAQs
What type of property is this?
Office units - Ground-floor office condo includes three private offices, a reception area, and an in-suite half bath.
Where is this office units located?
The property is located at 4752 41st Ave SW Seattle, WA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Ground‑floor commercial condo with three private offices and a reception area; In‑suite half bath plus tall ceilings; Includes a refrigerator
