Street-Front Office
New
For Sale
Contact for pricing
9057 Greenwood Ave N, Seattle, WA 98103
Move-in-ready commercial condominium with private offices, conference space, dedicated storage, and two secure garage parking spaces.
Property Size1,492 SF
Price / SF$469.17
Days on Market7
Property Features for 9057 Greenwood Ave N
General Information
Standard status
Active
Size
1,492 SF
Total Parking Spaces
2
Property subtype
OFFICE
Listing Agency:
COMPASS
(206) 551-5909
Listed By:
Christina Chong
(206) 551-5909
Source:
Moodyscre
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 4 at 12:00PM
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 COMPASS
Investment Insights
Based on property information with market context.
This 1,492-square-foot commercial condominium at 9057 Greenwood Ave N provides a practical office layout within Jade Mountain Condominiums. The interior includes a reception area, two private offices, a conference room, break room, ADA-compliant restroom, and dedicated storage. Heating and a heat pump support year-round comfort, while the finished interior is suited for immediate occupancy.
The street-front unit is located in Seattle’s North Seattle area and presents a granite-and-tile storefront with metal and Hardie Plank siding. Two secure garage parking spaces are included. The property is positioned for professional office, retail, medical, wellness, or service-related use, subject to applicable requirements.
The street-front unit is located in Seattle’s North Seattle area and presents a granite-and-tile storefront with metal and Hardie Plank siding. Two secure garage parking spaces are included. The property is positioned for professional office, retail, medical, wellness, or service-related use, subject to applicable requirements.
Key Highlights
- 1,492‑square‑foot street‑front commercial condominium
- Reception area, two private offices, and conference room
- Break room, ADA‑compliant restroom, and dedicated storage
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 | $51.0k | $34.20 |
| − Vacancy | −$3.5k | −$2.36 |
| EGI | $47.5k | $31.84 |
| − OpEx | −$11.9k | −$7.96 |
| NOI | $35.6k | $23.88 |
1,492 SF · lease $34.20/SF/yr · vacancy 6.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$509.0K
$445.4K – $593.8K
NOI $35,629 @ 7.0% cap · market cap 5.09%
Second Best
Retail
$463.7K
$405.7K – $541.0K
NOI $32,459 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$603.1K
$527.7K – $703.6K
NOI $42,218 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,390
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
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Move-in-ready commercial condominium with private offices, conference space, dedicated storage, and two secure garage parking spaces.
Where is this office units located?
The property is located at 9057 Greenwood Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,492‑square‑foot street‑front commercial condominium; Reception area, two private offices, and conference room; Break room, ADA‑compliant restroom, and dedicated storage
