Entity Owned Property summary
This exceptional 10,169 square foot retail property, known as the Varsity Theater, presents a unique investment opportunity in the vibrant Seattle, Washington market. Located at 4329 University Way NE, in the heart of King County, this single-tenant space offers significant potential for a variety of retail uses. The building's substantial size provides ample room for creative adaptation and expansion. The property's classification as a theater suggests a rich history and potential for a… unique retail experience. Its prime location in Seattle's dynamic University District offers high visibility and accessibility, attracting a diverse customer base. The address, 4329 University Way NE, zip code 98105, places the property within a thriving commercial corridor, benefiting from high foot traffic and proximity to various amenities. This single-tenant occupancy provides a streamlined management structure, making it an attractive option for both established businesses and ambitious entrepreneurs. The property's size and location make it an ideal candidate for a variety of retail concepts, from entertainment venues to specialty stores. Further investigation into the property's history and zoning regulations is encouraged to fully assess its potential. This is a rare opportunity to acquire a substantial retail space in a highly desirable Seattle location. The property is categorized as retail, with a subtype of theater, offering a unique blend of historical character and modern commercial potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
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from $99/month
- GBA
- 10,169 SF
- Lot area
- 0.09 ac
- Year built
- 1921
- Stories
- 2
- APN
- 114200-0145
- Zoning
- NC3P-65
- Assessed value · 2022
- $1,965,900
- Annual tax · 2022
- $16,755
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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