1516 15Th Ave Seattle, WA 98119
This exceptional Seattle warehouse at 1516 15th Ave W presents a rare lease opportunity for discerning businesses. Located in King County, WA, zip code 98119, this single-tenant property boasts a total building size of 37,671 square feet, with 6,000 square feet currently vacant and ready for immediate occupancy. The property sits on a generous 55,250 square foot lot, providing ample space for operations and potential expansion. Its strategic location on a major commercial corridor ensures high visibility and easy accessibility, a significant advantage for businesses seeking strong brand presence and convenient logistics. The property is zoned II U/85 (Industrial Innovation), suitable for a variety of industrial and retail uses. The building's substantial size, combined with its prime location and readily available space, makes this an unparalleled opportunity for businesses seeking to establish or expand their operations in a thriving Seattle market. The property's classification includes both retail and industrial designations, offering flexibility for a range of potential tenants. This is a unique chance to secure a significant footprint in a highly desirable area.
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Parking lot Parking
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
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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.