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Property profile

2401 Queen Anne N Ave Seattle, WA 98109

OFF-MARKET
Other commercial real estate
Property ID
US90-0866289
4,008 SF 0.17 ac lot Built 1926
Last sale Sep 2022 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 2,926-square-foot corner retail space is located on Queen Anne Avenue, positioned at a prominent 4-corner stop and offering frontage on a neighborhood corridor near McCarthy Schiering Wine Merchants. The unit was formerly used as a butcher shop and is delivered in shell condition with the prior equipment removed. Key physical features include extensive plumbing, 16-foot ceilings, and large front windows that provide natural light. The configuration is suitable for restaurant, bakery, wine bar, or specialty retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$17k
Tax billed · 2022
Assessed value$1.86M
Assessed land$1.86M
Assessed improvement$1k
Effective rate0.89%

Value estimate

· Oct 2026
$2.44M
$2.19M – $2.68M
AI approach$2.54M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$506/SF
Submarket average, outlier-cleaned · 269 recorded sales of this use type
Observed band · Q1–Q3$213 – $957
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NC2P-55 (M)
The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store11.4
Food Market11.1
Convenience Store10.3

Location

2401 Queen Anne N Ave Seattle, WA 98109-2021
County assessor Recorded deeds · 6 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
950 Westlake N, Seattle, WA 98109-3523 $1,350,000 May 2025 2,624 SF
171 Vly, Seattle, WA 98109-4120 $1,380,000 Apr 2023 No data
167 Vly, Seattle, WA 98109-4120 $1,425,000 Mar 2023 No data
169 Vly, Seattle, WA 98109-4120 $1,379,950 Mar 2023 No data
175 Vly, Seattle, WA 98109-4120 $1,400,000 Feb 2023 No data
112 5th N, Seattle, WA 98109-4933 $42,000,000 Sep 2022 10,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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