Ground-Floor Medical Office
For Sale
$875,000
7301 5TH Unit Unit A, Seattle, WA 98115
Leased medical office condominium with treatment rooms, conference space, private office, kitchen, and accessible restroom.
Property SizeContact for details
Days on Market440
Property Features for 7301 5TH Unit Unit A
General Information
Standard status
Active
Total Parking Spaces
3
Elevators
Yes
Property subtype
Commercial
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor
Cap Rate
5.25%
Building Details
Year Built
1999
Tenancy
Single
Listing Agency:
Windermere Real Estate Co.
Listed By:
Janet Irons
(206) 522-3400
Source:
Skylineproperties
Added: May 31, 2025
Changed: Aug 12
Last Checked: Aug 12 at 3:57AM
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 Windermere Real Estate Co.
Investment Insights
Based on property information with market context.
This ground-floor commercial condominium is configured for medical or therapy operations, with multiple treatment rooms, a conference room, private office, storage area, kitchen, and an ADA bathroom. The property includes two designated covered parking spaces adjoining the unit, plus an additional space within the secure underground garage. Elevator access connects the garage to the ground floor. Built in 1999, the condominium is leased to a single tenant through April 2028 and carries a 5.25% CAP based on the current lease terms.
The property is located in Seattle’s Greenlake commercial district, two blocks from Greenlake and near the Swedish Medical Center at Greenlake. Bus service and I-5 are also nearby, supporting access for staff, patients, and visitors.
The property is located in Seattle’s Greenlake commercial district, two blocks from Greenlake and near the Swedish Medical Center at Greenlake. Bus service and I-5 are also nearby, supporting access for staff, patients, and visitors.
Key Highlights
- Ground‑floor medical office condominium with rooms configured for medical or therapy use
- Single‑tenant lease runs through April 2028
- 5.25% CAP based on current lease terms
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,726
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98115, WA
54,322
Population
24,966
Households
2.2
Avg Household Size
36
Median Age
78%
College-Educated
99%
High-School Grad
6.6 sq mi
ZIP Area
8,231
Density / Sq Mi
$148,190
Median Household Income
$82,332
Median Earnings
$2,118
Median Rent
$1,041,500
Median Home Value
Market
Vacancy Rate% for Office in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Leased medical office condominium with treatment rooms, conference space, private office, kitchen, and accessible restroom.
Where is this medical office space located?
The property is located at 7301 5TH Unit Unit A Seattle, WA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Ground‑floor medical office condominium with rooms configured for medical or therapy use; Single‑tenant lease runs through April 2028; 5.25% CAP based on current lease terms
