3631 Interlake N Ave Seattle, WA 98103-8104
Property summary
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
VerifiedCap rate & NOI
Current use
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Acoustical Consultant Automotive
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
NC2-40 (M) · Seattle, WAThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for NC2-40(M) in Seattle, WA.
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