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For sale
Office Units
WA
Seattle
98103
8745 Greenwood Avenue N #A

Greenwood Commercial Suite For Sale

8745 Greenwood Avenue N #A, Seattle, WA 98103

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For Sale

$500,000

Ground-floor commercial suite in Greenwood with high visibility and flexibility.

Type:Commercial

Property size:

1,367 SF

Lot size:

0.37 Acres

Price / SF:

$365/SF

HighLights

Prime Greenwood location with high visibility on Greenwood Ave N.
Dual‑unit commercial suite offers flexibility for owner‑user, dual‑use, or investment.
Recently renovated in 2024.
NC2‑55 zoning allows for a variety of business uses.
Functional layout with reception area, private offices, and additional space.
Shared garage parking and private in‑suite bath.

We can help!

Contact an agent

KELLY CHIOU

For Sale

$500,000

Ground-floor commercial suite in Greenwood with high visibility and flexibility.

Type:Commercial

Property size:

1,367 SF

Lot size:

0.37 Acres

Price / SF:

$365/SF

Added:: Mar 25, 2026
Days on Market:: 95
Last Refresh:: Mar 25 at 8:13 pm

Property Features for 8745 Greenwood Avenue N #A

General Information

Standard status: Active
Size: 1,367 SF
Lot size: 0.37 Acres
Property subtype: Commercial

Building Details

Year Built: 1989

We can help!

Contact an agent

KELLY CHIOU

Listing office KELLER WILLIAMS RLTY BELLEVUE

Listing date Mar 25, 2026

Source Corcoran

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 KELLER WILLIAMS RLTY BELLEVUE

HighLights

Prime Greenwood location with high visibility on Greenwood Ave N.
Dual‑unit commercial suite offers flexibility for owner‑user, dual‑use, or investment.
Recently renovated in 2024.
NC2‑55 zoning allows for a variety of business uses.
Functional layout with reception area, private offices, and additional space.
Shared garage parking and private in‑suite bath.

Overview

Located in the heart of Greenwood, this 1,367 sqft ground-floor commercial suite presents a prime opportunity for owner-users or investors. The suite features two distinct units (A1 and A2), offering flexibility for owner-user occupancy, dual-use, or income potential. Situated along busy Greenwood Ave N, the property benefits from high visibility and direct access, providing strong exposure to both vehicle and pedestrian traffic. The functional layout includes a welcoming reception area, multiple private offices, and additional space suitable for storage, a breakroom, or expansion. Recently renovated in 2024, the suite includes a private in-suite bath, access to additional building restrooms, and shared garage parking. The property is ideal for medical, wellness, professional services, or boutique businesses. The opportunity exists to occupy one unit and utilize the other for additional income or future expansion. The NC2-55 zoning allows a variety of uses. This property offers an excellent opportunity to own versus lease in a high-demand Seattle location.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$46.8k	$34.20
− Vacancy	−$3.2k	−$2.36
EGI	$43.5k	$31.84
− OpEx	−$10.9k	−$7.96
NOI	$32.6k	$23.88

1,367 SF · lease $34.20/SF/yr · vacancy 6.90% · expense 25.00%

Alternative Uses

Best Use

Office B

$466.3K

$408.1K – $544.1K (±1% cap)

NOI $32,644 @ 7.0% cap · market cap 6.53%

Second Best

Retail

$424.8K

$371.7K – $495.7K (±1% cap)

NOI $29,739 @ 7.0% cap · market cap 5.95%

Theoretical Best

Office A

$552.6K

$483.5K – $644.7K (±1% cap)

NOI $38,681 @ 7.0% cap · market cap 7.74%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Puget Sound Training Rescue Squad Eco-Restore Consulting & Design ... Landscaping Seattle Mural Art Painting Service

Suggested Use

Location Insight

Map
Local Demand

City: Seattle
County: King
State: Washington
Longitude: -122.3557454
Latitude: 47.6939416

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For sale
Office Units
WA
Seattle
98103
8745 Greenwood Avenue N #A

What type of property is this?

Office units - Ground-floor commercial suite in Greenwood with high visibility and flexibility.

Where is this office units located?

The property is located at 8745 Greenwood Avenue N #A Seattle, WA.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Prime Greenwood location with high visibility on Greenwood Ave N.; Dual‑unit commercial suite offers flexibility for owner‑user, dual‑use, or investment.; Recently renovated in 2024.