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3631 Interlake N Ave Seattle, WA 98103-8104

OFF-MARKET Warehouses Google Maps
8,510 SF 0.19 ac lot Built 1969
Entity Owned Free & Clear
Estimated value (blended)
$1.10M
Range $986k – $1.20M (±10%)
Property ID US90-1001975

Property summary

AI-generated overview

This exceptional 9,042 square foot industrial property, located at 3631 Interlake Avenue N in Seattle, WA 98103, presents a compelling owner-user opportunity. The building, constructed in 1969, boasts a desirable flex space configuration, seamlessly blending warehouse and office areas. The asking price is $3,250,000, translating to $359.43 per square foot. Situated on a 0.19-acre lot (APN 803270-0205), the property features convenient access with one loading dock and one dock-high door. The building's 14.5-foot ceiling height provides ample vertical space for storage or various industrial uses. Currently, the space includes a mix of warehouse/storage tenants and office space, all under short-term leases, making it ideal for an owner-occupier seeking to customize the space to their specific needs. The building is a masonry structure and also includes one residential unit, which could be easily converted to additional office space. The property is zoned Neighborhood Commercial 2 (NC2-40 (M)), offering flexibility for a range of commercial uses. This prime Seattle location offers excellent accessibility and proximity to key transportation routes. This is a rare opportunity to acquire a well-located, versatile industrial property with significant upside potential.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,510 SF
Lot 0.19 ac (8,343 SF)
Zoning code NC2-40 (M)
APN 803270-0205
UPID US90-1001975

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Acoustical Consultant Automotive

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.10M

Owner & transaction history

since 2026
3 recorded transactions
2026
$2.6M
2019
$1.8M
2001
Price N/A

Zoning & alternative use

NC2-40 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including…

General category COMMERCIAL

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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