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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1512 Eastlake Ave Seattle, WA 98102

867 SF Built 2009
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2009
Total area 867 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jeremy Olson: Allstate Insurance Insurance Agency
  • Allstate Insurance Agency
  • 911-Response Garage Door Fixer Building Supply General Contractor
  • Sean Howell-Allstate Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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