3631 Interlake Ave N, Seattle, WA 98103
For Lease
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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.
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Argosy Acoustics Acoustical Consultant Automotive
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC2-40 (M) · Seattle, WASeattle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.