$1,280,000 7,200 SF

308 9Th Ave N, Seattle, WA 98109
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This exceptional 47,405 square foot, eight-story commercial building is situated on a 0.16-acre lot in Seattle's vibrant South Lake Union neighborhood at 308 9th Ave N, zip code 98109. The property boasts a highly desirable SM-SLU 175/85-280 zoning designation, offering flexibility for various development options, including multifamily, life science, or hospitality uses, in addition to the existing office space. Currently, the building is fully occupied, generating a substantial in-place…

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?

$33k

Tax billed · 2022

Assessed value$3.86M

Assessed land$3.86M

Assessed improvement$1k

Effective rate0.85%

Value estimate

· Nov 2026

$1.28M

$1.15M – $1.41M

CAP approach$1.65M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?

$401/SF

Submarket average, outlier-cleaned · 270 recorded sales of this use type

Observed band · Q1–Q3$189 – $689

Qualifying comparables16

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?

SM-SLU 175/85-280

JurisdictionKING

Location intelligence

Which uses thrive at this corner?

Best fit: Laundromat

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Laundromat10.2

Daycare Center8.7

Electrical Service7.3

308 9Th Ave N Seattle, WA 98109

County assessor Recorded deeds · 5 transfers 16 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

16 properties in this city

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.

Comparable in this city

Value Estimation
$1,090,000

7,680 SF

9651 15th SW Ave

WHOLESALE OUTLET, DISCOUNT STORE

9651 15th SW Ave, Seattle, WA 98106-2821

View Details
Value Estimation
$930,000

6,196 SF

920 Leary Way

WHOLESALE OUTLET, DISCOUNT STORE

920 Leary Way, Seattle, WA 98107-4646

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Value Estimation
$850,000

5,856 SF

9811 15th SW Ave

WHOLESALE OUTLET, DISCOUNT STORE

9811 15th SW Ave, Seattle, WA 98106-2867

View Details
Value Estimation
$790,000

5,565 SF

5000 15th NW Ave

WHOLESALE OUTLET, DISCOUNT STORE

5000 15th NW Ave, Seattle, WA 98107-4721

View Details
Value Estimation
$1,400,000

10,937 SF

1400 Leary Way

WHOLESALE OUTLET, DISCOUNT STORE

1400 Leary Way, Seattle, WA 98107-5135

View Details
Value Estimation
$1,665,000

11,661 SF

6201 Ellis S Ave

WHOLESALE OUTLET, DISCOUNT STORE

6201 Ellis S Ave, Seattle, WA 98108

View Details

Similar Nearby for Sale

Contact for pricing
3,582 SF

Seattle Retail Property For Sale

Retail property available for sale in Seattle, Washington.

434 Queen Anne Ave N, Seattle, WA 98109

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Contact for pricing
776 SF

Retail Space

Retail space within a property built in 2009.

9 Denny Way, Seattle, WA 98109

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$1,490,000

Ground-Floor Office Condo

End-unit commercial condo with dual entrances, customer parking at the frontage, and ADA access.

14524 Main St NE Unit 109, Duvall, WA 98109

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Contact for pricing

Street-Level Storefront Space

Versatile commercial space with prominent street exposure and potential sidewalk café seating, subject to required approvals.

R-2523 1st Ave, Seattle, WA 98109

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Similar Nearby for Lease

New

Contact for pricing
4,800 sqft

Retail Space with Loading Dock

Concrete-slab space includes alley access and dedicated loading functionality.

411 Westlake Ave N, Seattle, WA 98109

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Contact for pricing
3,941 sqft

Storefront Retail with Back Office/Flex

Storefront retail space with 1,441 SF front retail plus 2,500 SF back office or flex/assembly space.

41 Dravus St, Seattle, WA 98109

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Contact for pricing
3,037 sqft

Ground-Floor Retail Storefront

Ground floor retail with lobby-adjacent entrance, next to Subway and Wells Fargo, across from Seattle Center.

140 4th Ave N, Seattle, WA 98109

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Contact for pricing
1,484 sqft

Retail Space with 54-Stall Parking

Ground-level retail in EXPO BUILDING with dedicated garage parking and a space currently built out as T-Mobile.

118 Republican St, Seattle, WA 98109

View Details
New

Contact for pricing
2,581 sqft

Corner Retail Storefront

Grey shell corner storefront with large windows, a roll-up door to a dedicated patio, and 16-foot ceilings.

624 Yale Avenue North, Seattle, WA 98109

View Details
$9,409/Mo

2,509 sqft

Retail Space in Mixed-Use Development

High-visibility retail space in a major mixed-use development.

112 Boren Avenue N, Seattle, WA 98109

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308 9Th Ave N Seattle, WA 98109

Property summary