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    FOR LEASE
    Office buildings

    2414 SW Andover St, Seattle, WA 98106

    21,924 SF 4.39 ac lot Built 1988
    Entity Owned ~ Est. High Equity
    Property ID
    US90-1593059
    Property summary
    AI-generated overview

    This exceptional 27,000 square foot industrial flex building, located at 2414 SW Andover St in Seattle, WA 98106, presents a significant leasing opportunity. Specifically, Building C of the Frye Commerce Center offers 17,925 square feet of immediately available space, perfect for a single tenant seeking a versatile workspace. Situated in the CBA West Seattle submarket of King County, this property provides convenient access to major transportation routes and amenities. The building's industrial design is complemented by flexible space configurations, ideal for a variety of business needs. The single-tenant occupancy ensures privacy and control over the entire space. This property is a prime location for businesses seeking a modern, efficient, and strategically located industrial facility in the thriving Seattle market. The address is easily accessible and well-suited for both employees and clients. With its ample square footage and desirable location, this property represents a rare opportunity to secure a significant footprint in a competitive market. Interested parties are encouraged to inquire promptly to explore this exceptional leasing opportunity. The property is classified as a flex space within the industrial property type.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1988
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 21,924 SF
    Lot 4.39 ac (191,113 SF)
    Zoning code IG2 U/85
    APN 766670-4005
    UPID US90-1593059
    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
    • Trial Exhibits, Inc. Law Firm
    • Levine Attic Insulation Seattle General Contractor Renovation Specialist
    • Precision Dance Academy Training Center
    • Alki Beach Academy Daycare Center
    • Tamara Sampson Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $6.32M
    Comparable Approach Comparable
    $5.47M
    Blend (final) Blend
    $6.22M
    Owner & transaction history
    Alki Beach Academy INC
    Alki Beach Academy INC
    since 2026
    7 recorded transactions
    2026
    2021
    2002
    1993
    $4,000
    1993
    1969
    1969
    Zoning & alternative use
    IG2 U/85 · Seattle, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $9.0M +16.4%
    Retail stores $8.8M +13.5%
    Apartment house (5+ units) $7.8M +0.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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