Full-Floor Office with
For Sale
Contact for pricing
C200-2225 4th Ave, Seattle, WA 98109
Second-floor workspace includes private offices, collaboration areas, and conference rooms.
Property Size5,576 SF
Price / SF$2.10
Days on Market64
Property Features for C200-2225 4th Ave
General Information
Standard status
Active
Size
5,576 SF
Total Parking Spaces
4
Site & Location
Neighborhood
South Lake Union
Public Transit
Yes
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$35,813
Listing Agency:
Keller Williams Downtown Sea
Listed By:
Nicholas T. Vilvandre · License #107068
(206) 858-6800
Source:
Exprealty
Added: Aug 26
Changed: Oct 25
Last Checked: Oct 26 at 7:40PM
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 Keller Williams Downtown Sea
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The second floor at Sunrise Tower provides 5,576 SF of office space arranged with private offices, open work areas, board and conference rooms, collaborative areas, and a private phone booth. A private outdoor balcony extends the usable setting for meetings, breaks, and team gatherings. Four parking spaces are available, and the owner may consider dividing the floor into two approximately equal suites for a qualified tenant with a long-term lease commitment.
Located at C200-2225 4th Ave in Seattle’s Belltown area, the property is along the 4th Avenue bike lanes and offers access to public transportation, Seattle Center, the Space Needle, Pike Place Market, restaurants, and shopping.
Located at C200-2225 4th Ave in Seattle’s Belltown area, the property is along the 4th Avenue bike lanes and offers access to public transportation, Seattle Center, the Space Needle, Pike Place Market, restaurants, and shopping.
Key Highlights
- 5,576 SF full‑floor office on the second floor
- Private balcony for meetings, breaks, and team gatherings
- Private offices, open work areas, board and conference rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,800
$2.0M
Cap Rate 7%
$1,398,429
$1.4M
Cap Rate 9%
$1,087,667
$1.1M
Market Conditions
NOI Build-Up for 5,576 SF
Gross rent
$169.3K $30.36/SF
− Vacancy
−$38.8K −$6.95/SF
EGI
$130.5K $23.41/SF
− OpEx
−$32.6K −$5.85/SF
NOI
$97.9K $17.56/SF
Area
Seattle, WA
Vacancy
22.90%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,800
Cap Rate 7%
$1,398,429
Cap Rate 9%
$1,087,667
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,890 @ 7.0% cap · market cap 836.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,429 @ 7.0% cap · market cap 1,003.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,822
Businesses Nearby
Explore this area
Business Placement
Demographics for 98109, WA
34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value
Market
Vacancy Rate% for Office in Seattle, WA
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace includes private offices, collaboration areas, and conference rooms.
Where is this office unit located?
The property is located at C200-2225 4th Ave Seattle, WA.
What are key features of this property?
This property features: 5,576 SF full‑floor office on the second floor; Private balcony for meetings, breaks, and team gatherings; Private offices, open work areas, board and conference rooms
