Property summary
This exceptional investment opportunity presents a 2405 square foot office space located at 3919 Latona Avenue NE, Unit #C1, Seattle, WA. Priced at $875,000, this property boasts a prime location just one block from the picturesque Lake Union, offering convenient access to dining, the University of Washington hospital, and more. The space itself is well-appointed, featuring two bathrooms, a kitchenette/break room, dedicated conference rooms, open work areas, and a reception area, making it ideal for a variety of businesses. The unit is situated within a mixed-use complex, combining commercial/retail spaces on the ground floor with residential condos above. A significant advantage is the inclusion of six reserved parking spaces within a secure parking garage (three tandem spaces providing six total spots). Currently leased to a non-profit organization, the existing lease is nearing expiration, but the tenant has expressed strong interest in renewal, presenting a stable income stream for the new owner. The property's proximity to Lake Union, coupled with its functional layout and ample parking, makes this a highly desirable investment opportunity in a thriving Seattle neighborhood. The building offers wide sidewalks and is easily accessible.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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