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    2320 Commodore Way Seattle, WA 98199

    Sponsored
    For Sale
    Contact for pricing

    Prime Seattle Office Space, Water Views

    Property size:
    32,866 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A, three-story office building, totaling 32,866 square feet, presents a unique investment opportunity in Seattle's desirable Ballard neighborhood. Built in 2009 by Schuchart Construction and Stuart Silk Architects, the property boasts high-quality construction and features 15-foot ceilings with expansive windows, providing abundant natural light. The building is ideally suited for medical or creative office uses, and includes 10,889 square feet currently available for lease on the second floor. Situated on a 0.81-acre lot, the building offers reserved surface parking at a ratio of 2.51 spaces per 1,000 square feet. Enjoy stunning water views of the Ballard Ship Canal, Salmon Bay, and Ballard Locks, all within steps of the property. Its convenient location provides easy access to I-5 and is only 15 minutes from Seattle's central business district. The building also benefits from its proximity to a variety of restaurants and retail amenities. The property is available for both lease and purchase

    Property Features for 2320 Commodore Way

    General Information

    Property type
    Office space
    Square Feet
    32,866 SF
    Class
    A
    Lot Size
    35,284 SF

    Building Details

    Year Built
    2009
    Stories
    3

    HighLights

    • 32,866 RSF office/medical/maritime building on 0.81 acres with water views.
    • 10,889 RSF of 2nd‑floor space available for lease.
    • High‑quality 2009 construction by Schuchart Construction and Stuart Silk Architects.
    • Three‑story building over parking and storage.
    • Waterfront location near Ballard Ship Canal, Salmon Bay, and Ballard Locks.
    • Easy I‑5 access, 15 minutes from Seattle CBD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cooper Center for Metabolism Doctor International Pacific Halibut ... Non-Profit Organization Dr. Emily L. ... Family Practice Physician Seattle Performance Medicine Sports Medicine Clinic Pauole Sport Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.385841
    Latitude
    47.6608016

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    FAQs

    What type of property is this?
    Office space - Prime Seattle Office Space, Water Views
    Where is this office space located?
    The property is located at 2320 Commodore Way Seattle, WA.
    What are key features of this property?
    This property features: 32,866 RSF office/medical/maritime building on 0.81 acres with water views.; 10,889 RSF of 2nd-floor space available for lease.; High-quality 2009 construction by Schuchart Construction and Stuart Silk Architects.
    Request Owner's contact information
    2320 Commodore Way Seattle, WA 98199
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    Seattle, WA 98199
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2320 Commodore Way Seattle, WA 98199
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