Ground-Floor Office
8760 Greenwood Avenue N Unit R-N2, Seattle, WA 98103
For Sale
Contact for pricing
Three private offices, a kitchenette, and dedicated garage parking support a professional workspace.
Property Size2,112 SF
Price / SF$402.46
Days on Market30
Property Features for 8760 Greenwood Avenue N Unit R-N2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Road Access
Public Transit
Additional Details
Property Use
Listing Agency:
West Coast Commercial Realty
Listed By:
Tyler Barnes
(425) 406-0808
Source:
Crexi
Added: Oct 16
Changed: Nov 10
Last Checked: Nov 12 at 5:40AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite N2 is a 2,112-square-foot office on the ground level of Westview Plaza. Its layout includes three private offices, a restroom, a kitchenette, and three assigned garage stalls. The space is available now.
At 8760 Greenwood Avenue N, the suite is beside the Trader Joe’s at 87th. Retail, dining, and transit are within walking distance.
At 8760 Greenwood Avenue N, the suite is beside the Trader Joe’s at 87th. Retail, dining, and transit are within walking distance.
Key Highlights
- 2,112 SF ground‑floor office suite at Westview Plaza
- 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
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
$1,012,900
Median Home Value
Market
Average Price Trend$/SF for Office Units in Seattle, WA
Properties on Market for Office Units in Seattle
Vacancy Rate% for Office in Seattle, WA
Frequently Asked Questions
What type of property is this?
Office unit - Three private offices, a kitchenette, and dedicated garage parking support a professional workspace.
Where is this office unit located?
The property is located at 8760 Greenwood Avenue N Unit R-N2 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 ground‑floor office suite at Westview Plaza; Three private offices, a private restroom, and a kitchenette; Three dedicated garage stalls
