Ground-Floor Retail Office
8745 Greenwood Ave N Suite A Seattle, WA 98103
8745 Greenwood Ave N Suite A, Seattle, WA, 98103
Contact for pricing
For Sale
Contact for pricing
Ground-floor suite configured as two separate units, with a private in-suite bathroom and renovated interiors.
Property Size1,367 SF
Price / SF$365.76
Days on Market119
Property Features for 8745 Greenwood Ave N Suite A
General Information
- Standard status
- Active
- Size
- 1,367 SF
- Property subtype
- Mixed Use, Office, Retail, Special Purpose
Building Details
- Year Built
- 1989
Listing agency
KW Commercial, GSWA MCI LLC
(425) 454-0911
Listed by
Irene Mendoza · License #WA 121517
Source
Crexi
Added: Mar 25 Updated: Jul 21 at 7:24AM Checked: Jul 21 at 7:24AM
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 KW Commercial, GSWA MCI LLC
Investment Insights
Based on property information with market context.
This 1,367 SF ground-floor commercial suite is configured as two separate units (A1 and A2), providing flexibility for a single occupant or dual-use setup. Suite A1 includes a reception area and multiple private offices. Suite A2 is located in the southwest corner of the building, offering separation that can support additional private office space or separate operations. The suite was renovated in 2024 and includes a private in-suite bathroom, with access to additional building restrooms and shared garage parking.
The property is positioned along Greenwood Ave N with direct access and visibility to both vehicle and pedestrian traffic. It is situated in a neighborhood with restaurants, coffee shops, and retail.
Zoning is NC2-55, allowing a wide range of commercial uses, including medical, wellness, professional services, and retail-oriented businesses; buyers should verify permitted uses.
The property is positioned along Greenwood Ave N with direct access and visibility to both vehicle and pedestrian traffic. It is situated in a neighborhood with restaurants, coffee shops, and retail.
Zoning is NC2-55, allowing a wide range of commercial uses, including medical, wellness, professional services, and retail-oriented businesses; buyers should verify permitted uses.
Key Highlights
- 1,367 SF ground‑floor commercial suite configured as two separate units (A1 & A2)
- Recently renovated in 2024 with a private in‑suite bathroom plus access to additional building restrooms
- Suite A1 includes a reception area and multiple private offices
Local 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 | $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
NOI $32,644 @ 7.0% cap · market cap 6.53%
Second Best
Retail
$424.8K
$371.7K – $495.7K
NOI $29,739 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$552.6K
$483.5K – $644.7K
NOI $38,681 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Puget Sound Training
Rescue Squad
Eco-Restore Consulting & Design ...
Landscaping
Seattle Mural Art
Painting Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Ground-floor suite configured as two separate units, with a private in-suite bathroom and renovated interiors.
Where is this office units located?
The property is located at 8745 Greenwood Ave N Suite 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: 1,367 SF ground‑floor commercial suite configured as two separate units (A1 & A2); Recently renovated in 2024 with a private in‑suite bathroom plus access to additional building restrooms; Suite A1 includes a reception area and multiple private offices
