Ground-Floor Medical
For Sale
$875,000
Ste-a-7301 5th Ave Ne, Seattle, WA 98104
Ground-floor condo configured for medical and therapy rooms with ADA bath, conference room, and private office.
Property SizeContact for details
Days on Market318
Property Features for Ste-a-7301 5th Ave Ne
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$7,117
Listing Agency:
Windermere Real Estate Co.
(206) 526-5544
Listed By:
Janet Irons
(206) 526-5544
Source:
Exprealty
Added: Oct 11, 2025
Changed: Aug 23
Last Checked: Aug 23 at 4:03AM
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 Windermere Real Estate Co.
Investment Insights
Based on property information with market context.
This ground-floor commercial condo is finished throughout and arranged as a suite of medical/therapy rooms, supported by a conference room, an ADA bath, a kitchen, and a private office with a storage area.
The space is fully leased by a single tenant through April 2028. The listing notes a 5.25% CAP based on the current below-market rental rate, and that the current tenant pays no NNN; it also references the potential for a higher rate if an extension option is exercised. Two designated covered parking spaces adjoin the space, and an additional parking space inside a secure underground parking garage is included, with elevator access to the ground floor.
Located about two blocks from Greenlake in a thriving commercial district, the property is described as close to the new Swedish Medical Center at Greenlake, with nearby bus service and access to I5.
The space is fully leased by a single tenant through April 2028. The listing notes a 5.25% CAP based on the current below-market rental rate, and that the current tenant pays no NNN; it also references the potential for a higher rate if an extension option is exercised. Two designated covered parking spaces adjoin the space, and an additional parking space inside a secure underground parking garage is included, with elevator access to the ground floor.
Located about two blocks from Greenlake in a thriving commercial district, the property is described as close to the new Swedish Medical Center at Greenlake, with nearby bus service and access to I5.
Key Highlights
- Ground‑floor commercial condo configured for medical/therapy rooms, including a conference room, kitchen, private office, and ADA bath
- Fully leased to a single tenant through April 2028
- 5.25% CAP reported; current tenant pays no NNN
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20,174
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98104, WA
16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value
Market
Vacancy Rate% for Office in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-floor condo configured for medical and therapy rooms with ADA bath, conference room, and private office.
Where is this medical office space located?
The property is located at Ste-a-7301 5th Ave Ne Seattle, WA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Ground‑floor commercial condo configured for medical/therapy rooms, including a conference room, kitchen, private office, and ADA bath; Fully leased to a single tenant through April 2028; 5.25% CAP reported; current tenant pays no NNN
