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    3601 Marginal Way Seattle, WA 98106

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    For Sale
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    26,887 SF Manufacturing Facility - 100% Occupied

    Property size:
    26,887 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This fully occupied, 26,887 square foot Class C industrial manufacturing building is located in Seattle's South submarket at 3601 W Marginal Way SW, King County, WA 98106. Built in 1969, this two-story building sits on a 0.41-acre lot (APN 766670-3920) and features a 20-foot ceiling height and one loading dock. The property benefits from excellent visibility on West Marginal Way SW, providing easy access to Highway 99 and Interstate 5, as well as proximity to the Port of Seattle and Seattle's central business district. Currently 100% leased, this property offers a strong investment opportunity within a thriving market. The building is zoned IG2 U/885. The Puget Sound region's diverse economy, including strong growth in technology, aerospace, and life sciences, contributes to high employment and robust space absorption. The property's location also benefits from the growth of the legal cannabis industry in Washington State. This presents a unique opportunity for investors seeking exposure to a dynamic and expanding sector within a prime Seattle location.

    Property Features for 3601 Marginal Way

    General Information

    Property type
    Manufacturing properties
    Square Feet
    26,887 SF
    Class
    C
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    2

    HighLights

    • 26,887 SF industrial manufacturing building in Seattle, WA.
    • 100% occupied.
    • Located on West Marginal Way SW in South Seattle.
    • Class C building, built in 1969, with one, two‑story building.
    • 0.41‑acre lot with one loading dock and 20' ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3564003
    Latitude
    47.5706482

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    FAQs

    What type of property is this?
    Manufacturing property - 26,887 SF Manufacturing Facility - 100% Occupied
    Where is this manufacturing property located?
    The property is located at 3601 Marginal Way Seattle, WA.
    What are key features of this property?
    This property features: 26,887 SF industrial manufacturing building in Seattle, WA.; 100% occupied.; Located on West Marginal Way SW in South Seattle.
    Request Owner's contact information
    3601 Marginal Way Seattle, WA 98106
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    Seattle, WA 98106
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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
    3601 Marginal Way Seattle, WA 98106
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