1512 Eastlake Ave Seattle, WA 98102
Exceptional opportunity to acquire a vacant 867-square-foot storefront retail condo in Seattle's vibrant Eastlake neighborhood. Located within the eight-story Equinox apartment building, this unit boasts convenient access and high visibility. Built in 2009, the building features 204 residential units, ensuring a steady flow of potential customers. The condo itself offers a versatile layout, previously configured as an insurance office, including three private offices, a kitchen, a restroom, and a reception area. One parking stall in the building's garage is included in the asking price of $550,000. The property is ideal for a variety of retail or office uses and benefits from the absence of HOA dues, minimizing ongoing expenses. This is a rare chance to own a well-located, move-in ready commercial space in a thriving Seattle community. The property is situated at 1512 Eastlake Ave E, Seattle, WA 98102, in King County.
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Jeremy Olson: Allstate Insurance Insurance Agency
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Allstate Insurance Agency
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911-Response Garage Door Fixer Building Supply General Contractor
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Sean Howell-Allstate Agent Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.