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Commercial Land with Medical Improvements
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5435-5437 California Ave. S.W, Seattle, WA 98136

Existing improvements were originally configured for medical, dental, and pharmacy operations.

Property SizeContact for details
Days on Market144

Property Features for 5435-5437 California Ave. S.W

General Information

Standard status Active
Property subtype Office
Listing Agency: Peizer Commercial Real Estate LLC
Listed By: Mark Peizer · License #WA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:12PM

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 Peizer Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing structure originally developed for a physician’s clinic, dental office, and pharmacy. The property is positioned for future development, while the remaining space may be leased in the interim. A 40’ maximum height supports views toward Puget Sound and the Olympic Mountains.

The property is located at 5435-5437 California Ave. S.W. in Seattle, between the Fauntleroy and Alaska Junction areas. More recent occupants have included cannabis processors, a 502 cannabis retailer, massage therapists, a real estate office, and a perfumery. The existing configuration and prior occupancy history provide a range of documented commercial-use context for evaluating the site.

Key Highlights

  • Commercial land with existing improvements originally built for a physician’s clinic, dental office, and pharmacy
  • 40’ maximum height with Puget Sound and Olympic Mountain views
  • Located at 5435‑5437 California Ave. S.W., Seattle, WA 98136

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Food Market Barber Shop Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Storage Facility

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

1,253
Businesses Nearby

Demographics for 98136, WA

16,424
Population
8,295
Households
2
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,141
Density / Sq Mi
$153,636
Median Household Income
$85,279
Median Earnings
$1,917
Median Rent
$900,000
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements were originally configured for medical, dental, and pharmacy operations.
Where is this commercial land located?
The property is located at 5435-5437 California Ave. S.W Seattle, WA.
What are key features of this property?
This property features: Commercial land with existing improvements originally built for a physician’s clinic, dental office, and pharmacy; 40’ maximum height with Puget Sound and Olympic Mountain views; Located at 5435‑5437 California Ave. S.W., Seattle, WA 98136
(206) 909-3314 Call to check price and availability
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