Ground-Floor Office
For Sale
Contact for pricing
8750-8760 Greenwood Ave N, Seattle, WA 98103
Three private offices, a kitchenette, and dedicated garage parking support daily business operations.
Property Size2,112 SF
Price / SF$402.46
Days on Market8
Property Features for 8750-8760 Greenwood Ave N
General Information
Standard status
Active
Size
2,112 SF
Total Parking Spaces
3
Property subtype
RETAIL
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor
Amenities
private restroom
kitchenette
Listing Agency:
West Coast Commercial Realty, LLC
(206) 283-5212
Listed By:
Tyler Barnes
(425) 406-0808
Source:
Moodyscre
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 12 at 9:09PM
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 West Coast Commercial Realty, LLC
Investment Insights
Based on property information with market context.
Located on the ground level of Westview Plaza, Suite N2 offers 2,112 square feet of office space. Its layout includes three private offices, a private restroom, and a kitchenette, with three dedicated garage stalls assigned to the suite. Street-level frontage faces Greenwood Ave N in Seattle. Trader Joe’s is next door, and retail, dining, and transit options are described as walkable from the property.
Key Highlights
- 2,112 SF office suite on the ground floor
- Three private offices, a private restroom, and a kitchenette
- Three dedicated garage stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,435
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,700
$1.0M
Cap Rate 7%
$720,500
$720.5K
Cap Rate 9%
$560,389
$560.4K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$72.2K $34.20/SF
− Vacancy
−$5.0K −$2.36/SF
EGI
$67.2K $31.84/SF
− OpEx
−$16.8K −$7.96/SF
NOI
$50.4K $23.88/SF
Area
ZIP 98103
Vacancy
6.90%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,700
Cap Rate 7%
$720,500
Cap Rate 9%
$560,389
Alternative Uses
Best Use
Office B
$720.5K
$630.4K – $840.6K
NOI $50,435 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$853.7K
$747.0K – $996.0K
NOI $59,761 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,351
Businesses Nearby
Explore this area
Business Placement
Demographics for 98103, WA
53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Office units - Three private offices, a kitchenette, and dedicated garage parking support daily business operations.
Where is this office units located?
The property is located at 8750-8760 Greenwood Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,112 SF office suite on the ground floor; Three private offices, a private restroom, and a kitchenette; Three dedicated garage stalls
