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    OFF-MARKET
    Turn key restaurants

    8543 Greenwood N Ave, Seattle, WA 98103

    6,000 SF 0.13 ac lot Built 1942
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US90-1703176
    Property summary
    AI-generated overview

    This exceptional 504-square-foot creative office space is ideally situated at 8543 Greenwood Ave N in Seattle, Washington, within the vibrant Greenwood neighborhood. The property is classified as retail and office, offering a single-tenant occupancy. Its convenient location just north of 85th Street provides direct access to Greenwood Avenue, placing your business in the heart of a thriving commercial district. The surrounding area boasts a robust retail environment, including a variety of shops, cafes, bars, and restaurants, ensuring high foot traffic and a dynamic atmosphere. This location offers easy access to other desirable Seattle neighborhoods such as Phinney Ridge, Ballard, and Green Lake, enhancing its appeal and accessibility. The property's classification as a "creative office" suggests a flexible and adaptable space, perfect for businesses seeking a unique and inspiring work environment. King County location adds to the appeal of this exceptional opportunity to establish your business within a well-established and growing community. The single-tenant occupancy ensures privacy and control over your workspace. This space presents a rare chance to become part of a thriving commercial block in a highly sought-after Seattle neighborhood.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1942
    Construction WOOD
    Total area 6,000 SF
    Lot 0.13 ac (5,850 SF)
    Zoning code NC2P-75 (M)
    APN 923190-0025
    UPID US90-1703176
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Ryan M Erclthann · 5 yrs held
    Ryan M Erclthann
    since 2021
    2 recorded transactions
    2021
    2020
    Zoning & alternative use
    NC2P-75 (M) · Seattle, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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