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4550 12Th Ave Seattle, WA 98105

OFF-MARKET Retail properties & Spaces Google Maps
1 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional single-tenant retail property, located at 4550 12th Ave NE in Seattle's vibrant University District (U-District) submarket of King County, Washington, offers 1,115 square feet of vacant space. The property is classified as Mixed-Use, Multi-Family, and Mixed Use, indicating its potential for diverse applications. Situated in the 98105 zip code, this location benefits from high foot traffic and proximity to the University of Washington, ensuring a strong customer base. The building's total square footage is 1 square foot, suggesting a compact yet strategically positioned retail space ideal for a variety of businesses. This property presents a unique opportunity for a single tenant seeking a prominent location within a bustling urban environment. The address is easily accessible and benefits from the high visibility and pedestrian traffic associated with the U-District. This is a rare opportunity to establish a business in a thriving area with a strong demographic profile. The property's classification as Mixed-Use, Multi-Family, and Mixed Use suggests potential for flexibility in usage and development, subject to local zoning regulations. Further investigation into the property's zoning and permitted uses is recommended. This listing presents a compelling investment opportunity in a high-demand Seattle location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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