Marine Facility with Boat
5350 30th Ave NW Seattle, WA 98107
For Sale
Contact for pricing
Marine facility featuring boat storage, maintenance shop, and office space.
Property Size22,200 SF
Lot Size4.92 Acres
Price / SF$540.54
Days on Market481
Property Features for 5350 30th Ave NW
General Information
Standard status
Active
Size
22,200 SF
Lot size
4.92 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Coldwell Banker Commercial Danforth
(206) 595-7232
Listed By:
Bob Fredrickson, CCIM · License #8077
(206) 595-7232
Source:
Moodyscre
Added: Apr 3, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:48AM
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 Coldwell Banker Commercial Danforth
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a marine facility that includes boat storage, a maintenance shop, and office space. The property offers potential for investors. The facility encompasses 22,200 square feet and is suitable for marine-related activities, boat storage, maintenance, and office administration.
Key Highlights
- Well‑positioned marine facility.
- Boat storage available.
- Includes maintenance shop.
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 | $674.0k | $30.36 |
| − Vacancy | −$154.3k | −$6.95 |
| EGI | $519.6k | $23.41 |
| − OpEx | −$129.9k | −$5.85 |
| NOI | $389.7k | $17.56 |
22,200 SF · lease $30.36/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.57M
$4.87M – $6.50M
NOI $389,736 @ 7.0% cap · market cap 3.25%
Second Best
Warehouse
$3.49M
$3.05M – $4.07M
NOI $244,005 @ 7.0% cap · market cap 2.03%
Theoretical Best
Office A
$6.68M
$5.84M – $7.79M
NOI $467,526 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Marina - Marine facility featuring boat storage, maintenance shop, and office space.
Where is this marina located?
The property is located at 5350 30th Ave NW Seattle, WA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Well‑positioned marine facility.; Boat storage available.; Includes maintenance shop.
