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    2320 Commodore Way Seattle, WA 98199

    For Lease
    Contact for pricing

    Modern medical office space for lease or sale.

    Lot size:
    32,866 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional three-story medical office building, totaling 32,866 square feet, presents a unique investment or leasing opportunity in the vibrant Seattle market. Located at 2320 West Commodore Way, King County, WA 98199, this 2009-constructed building sits on a 0.81-acre lot and offers 10,889 square feet of immediately available space. The building features a desirable multi-tenant configuration, allowing for flexibility in lease terms and tenant mix. Each floor boasts impressive 15-foot ceilings, providing ample space and a modern aesthetic. Parking is readily available with a generous 2.5 spaces per 1,000 square feet. The building is ideally suited for medical practices, but its design also allows for other office uses. The large contiguous space available makes it perfect for a single tenant seeking a significant footprint, or multiple tenants looking for smaller, yet modern suites. Its prime location in Seattle offers easy access to major transportation routes and a thriving business community. The building's modern design and ample parking make it an attractive option for both tenants and investors. This is a rare opportunity to acquire or lease a high-quality medical office building in a sought-after Seattle location. Contact us today to learn more about this exceptional property.

    Property Features for 2320 Commodore Way

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,866 SF

    Building Details

    Year Built
    2009
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,703 SF
    Space
    Suite 110
    Size
    2,217 SF
    Space
    Suite 120
    Size
    3,228 SF
    Space
    Floor 1
    Size
    10,148 SF
    Space
    Suite 200
    Size
    10,889 SF

    HighLights

    • 32,866 SF medical office building on a 0.81‑acre lot in Seattle, WA.
    • 2,217 SF of space available on the first floor.
    • 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.
    • Convenient access to I‑5 and 15 minutes from Seattle CBD.
    Property Profile Insight Report 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?
    Medical office - Modern medical office space for lease or sale.
    Where is this medical office located?
    The property is located at 2320 Commodore Way Seattle, WA.
    What are key features of this property?
    This property features: 32,866 SF medical office building on a 0.81-acre lot in Seattle, WA.; 2,217 SF of space available on the first floor.; 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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    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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