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    4329 University Way Northeast Seattle, WA 98105
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    Property profile & analytics

    4329 University Way Northeast Seattle, WA 98105


    • Theaters & concert halls
    • 10,169 SF
    • 0.09 lot acres
    Varsity Theater Space for Rent For Lease
    Contact for pricing
    10,169 SF

    Varsity Theater Space for Rent

    Theater space with large auditorium in high-traffic area.

    4329 University Way Northeast, Seattle, WA 98105
    View Listing
    Property ID
    US90-1282257
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Varsity Theatre / Cinema / Theater & Performing Art Venue

    Property Details for 4329 University Way Northeast

    Year built
    1921
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    10,169 SF
    Zone code
    NC3P-65
    Property type
    Theaters & concert halls
    APN
    114200-0145
    APU
    1142000145

    Description

    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.


    Value Estimations

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    • CAP approach

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    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.313
    Latitude
    47.6607
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $16,755
    $1,648,000
    $317,900
    $1,965,900
    -
    $1,648,000
    $317,900
    $1,965,900
    View Listing
    More about this property
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