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Flex Space with Crane
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625-625 NW 45th St, Seattle, WA 98107

Flex space with fenced parking, functional crane, dust collection, and an office/showroom setup.

Property Size3,035 SF
Days on Market57

Property Features for 625-625 NW 45th St

General Information

Standard status Active
Size 3,035 SF
Total Parking Spaces 3
Property subtype INDUSTRIAL

Additional Details

Road Access Yes
Office Units 2
Listing Agency: NAI Puget Sound Properties
Listed By: Ally Braden
Source: Moodyscre
Added: Jun 4 Changed: Jul 10 Last Checked: Jul 21 at 6:14AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

This flex space combines a functional shop with supportive back-office improvements. The shop includes a functional crane and dust collection, making it suitable for light industrial or fabrication-oriented operations. An office component is built out with four workstations, two private office suites, a 1.5 bathroom, a showroom area, and a kitchen. Optional furniture and tools may be available to stay, subject to further details.

Located in Ballard, the property sits right off Leary Way. On-site parking is available in a fenced area for three vehicles, with additional street parking available.

The configuration supports tenants who need a blend of workspace and customer-facing presentation, with showroom space and a practical kitchen for day-to-day operations. The fenced parking and on-site shop infrastructure, including the crane and dust collection, can help streamline logistics and workflow for suitable users. Call for current rental rates.

Key Highlights

  • Flex space in a Ballard location right off of Leary Way
  • Fenced parking area for 3 vehicles plus additional street parking
  • Shop includes a functional crane and dust collection

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98107, WA

28,557
Population
16,538
Households
1.7
Avg Household Size
35
Median Age
76%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
12,980
Density / Sq Mi
$137,748
Median Household Income
$82,884
Median Earnings
$2,194
Median Rent
$924,900
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$47.86 /SF/Yr
Avg Asking Price
$3.56–$206 /SF/Yr
Price Range
3,174 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with fenced parking, functional crane, dust collection, and an office/showroom setup.
Where is this flex space located?
The property is located at 625-625 NW 45th St Seattle, WA.
What are key features of this property?
This property features: Flex space in a Ballard location right off of Leary Way; Fenced parking area for 3 vehicles plus additional street parking; Shop includes a functional crane and dust collection
(425) 586-5649 Call to check price and availability
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