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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

1000 Northlake Way Seattle, WA 98103-3419

2,352 SF 1.81 ac lot Built 1900
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-0967829
Property summary
AI-generated overview

This exceptional 21,772-square-foot creative office building presents a unique full-building opportunity in Seattle's vibrant Fremont submarket. Located at 1000 N Northlake Way, this single-tenant property boasts a prime location along the north shore of Lake Union, offering stunning views and easy access to major transportation routes. Constructed in 1990, the building comprises two stories within a single structure. The property's creative office subtype is ideal for companies seeking a distinctive and inspiring workspace. The building's substantial square footage provides ample room for expansion and customization to suit a variety of business needs. Its single-tenant occupancy offers the advantage of streamlined management and control over the entire space. The address, 1000 N Northlake Way, Seattle, WA 98103, places the property within a thriving and dynamic neighborhood known for its artistic community and convenient amenities. This is a rare chance to acquire a substantial, well-located office building in a highly sought-after Seattle location. The property's size and location make it an excellent investment opportunity for businesses seeking a prominent presence in the heart of Fremont.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 2,352 SF
Lot 1.81 ac (78,911 SF)
Zoning code C2-40 (M)
APN 182504-9143
UPID US90-0967829
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
  • OctoAI (Bike/Boat/Book/etc) Store Corporate Office
  • UPark Parking - Lot 55 Parking Lot & Garage
  • 1000 N Northlake Way Parking Parking Lot & Garage
  • Firehole Composites (Bike/Boat/Book/etc) Store Corporate Office
  • Lpg Architecture in Tmjiyynu Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
$506k
Blend (final) Blend
$545k
Owner & transaction history
Owner Name Unavailable · 14 yrs held
Owner Name Unavailable
since 2011
7 recorded transactions
2018
Price N/A
2011
$6,000
2005
Price N/A
1997
$4.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2-40 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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