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    South Seattle Retail Investment Opportunity
    Updated: Feb 3, 2025
    South Seattle Retail Investment Opportunity

    4850 37th Ave S, Seattle, WA 98118

    $2,200,000
    5,326 sqft
    Prime retail location in the vibrant Columbia City neighborhood of South Seattle.
    High visibility and strong pedestrian traffic due to proximity to Rainier Ave S.
    Multi‑tenant retail strip center with 5,362 SF of rentable space.
    Includes 4,280 SF of retail space and 1,082 SF of office space.
    Easy accessibility to public transit and major roadways.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    4850 37th Ave S, Seattle, WA 98118

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $122K
      Annual

    • Mortgage

      $742K
      Oct 2025

    • Last Sold

      Oct 2025
      $1.62M

    • Property Type

      Commercial (General)
      Built 1959
    View Property Analytics
    West Seattle Investment Opportunity
    Updated: Jan 14
    West Seattle Investment Opportunity

    6323 35th Ave SW, Seattle, WA 98126

    $3,100,000
    9,112 sqft 0.69 AC lot
    Solid investment property with three long‑term tenants.
    NNN and modified gross leases in place, expiring July 2028 with no options.
    Large 29,945 SF lot zoned NC2P‑55 (M) offering potential development opportunities.
    Well‑maintained 9,112 SF building with recent upgrades.
    New roof installed in 2022.
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Seattle, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sumner Square Retail Investment Opportunity
    Sumner Square Retail Investment Opportunity

    15716-15720 Main St E, Sumner, WA

    $8,250,000
    37,395 sqft 6.95 AC lot

    Fully leased retail property with development potential in Sumner, WA.

    View details
    Sumner Square Retail Investment Opportunity
    Sumner Square Retail Investment Opportunity

    15716 Main St E, Sumner, WA 15716

    $8,250,000
    37,395 sqft

    Fully leased retail property with NNN tenants in Sumner, WA.

    View details
    Planet Fitness in Westgate South
    Planet Fitness in Westgate South

    2217 N Pearl St, Tacoma, WA 98406

    Contact for pricing
    22,336 sqft 1.90 AC lot

    22,336 SF single tenant Planet Fitness in Tacoma, Washington.

    View details
    Prime Corner Property with Redevelopment Potential
    Prime Corner Property with Redevelopment Potential

    2621 N Proctor St, Tacoma, WA 98407

    $4,250,000
    21,000 sqft 0.48 AC lot

    Two parcels with redevelopment potential in a mixed-use district.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    18215 SW Sargent Road, Rochester, WA 98579

    $649,900
    10.40 AC lot

    10.4 acres of level commercial land with development potential.

    View details
    Spokane Valley Development Opportunity
    Spokane Valley Development Opportunity

    2714 S DISHMAN-MICA Rd, Spokane Valley, WA 99206

    $647,700
    1.45 AC lot

    1.45 acre commercial land in growing Dishman Mica corridor.

    View details
    C3 Zoned Commercial Land
    C3 Zoned Commercial Land

    261 GRANT SMITH Rd, Roseburg, OR 97471

    $750,000
    2.94 AC lot

    C3 commercial site with utilities on-site and a compacted, graded acre ready for development planning.

    View details
    Prime McCall Commercial Land Opportunity
    Prime McCall Commercial Land Opportunity

    303 McBride Street, Mccall, ID 83638

    $1,250,000
    50,529 sqft 1.20 AC lot

    Nearly 1.2 acres of commercial land in McCall, Idaho.

    View details

    Off-Market Properties in Seattle, WA

    Consider similar Off-Market properties in Seattle, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1135 Leary Way
    WHOLESALE OUTLET, DISCOUNT STORE

    1135 Leary Way, Seattle, WA 98107-5134

    Value Estimation by Request
    23,500 sqft 0.66 AC lot
    View details
    11700 Aurora N Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    11700 Aurora N Ave, Seattle, WA 98133

    $11,770,000
    Estimated value
    101,830 sqft 11.23 AC lot
    View details
    10210 16th SW Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    10210 16th SW Ave, Seattle, WA 98146-1432

    $6,035,000
    Estimated value
    34,801 sqft 0.97 AC lot
    View details
    2700 Rainier S Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    2700 Rainier S Ave, Seattle, WA 98144-5333

    $37,745,000
    Estimated value
    291,940 sqft 9.08 AC lot
    View details
    1502 15th W Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1502 15th W Ave, Seattle, WA 98119

    $4,250,000
    Estimated value
    19,204 sqft 1.20 AC lot
    View details
    5000 15th NW Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    5000 15th NW Ave, Seattle, WA 98107-4721

    $790,000
    Estimated value
    5,565 sqft 0.20 AC lot
    View details
    23311 Pacific S Hwy
    SHOPPING CENTER, STRIP CENTER

    23311 Pacific S Hwy, Seattle, WA 98198

    Value Estimation by Request
    0.55 AC lot
    View details
    23319 Pacific S Hwy
    SHOPPING CENTER, STRIP CENTER

    23319 Pacific S Hwy, Seattle, WA 98198

    Value Estimation by Request
    0.38 AC lot
    View details
    23263 Pacific S Hwy
    SHOPPING CENTER, STRIP CENTER

    23263 Pacific S Hwy, Seattle, WA 98198

    Value Estimation by Request
    1,270 sqft 0.36 AC lot
    View details
    23313 Pacific S Hwy
    SHOPPING CENTER, STRIP CENTER

    23313 Pacific S Hwy, Seattle, WA 98198

    Value Estimation by Request
    2.91 AC lot
    View details
    3223 6th S Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    3223 6th S Ave, Seattle, WA 98134-2105

    $6,525,000
    Estimated value
    41,308 sqft 1.53 AC lot
    View details
    2701 Rainier S Ave
    SHOPPING CENTER, STRIP CENTER

    2701 Rainier S Ave, Seattle, WA 98144

    $2,135,000
    Estimated value
    50,785 sqft 3.24 AC lot
    View details
    13200 Aurora N Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    13200 Aurora N Ave, Seattle, WA 98133-7645

    $16,475,000
    Estimated value
    114,117 sqft 4.54 AC lot
    View details
    920 Leary Way
    WHOLESALE OUTLET, DISCOUNT STORE

    920 Leary Way, Seattle, WA 98107-4646

    $930,000
    Estimated value
    6,196 sqft 0.24 AC lot
    View details
    12546 Aurora N Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    12546 Aurora N Ave, Seattle, WA 98133-8036

    $1,050,000
    Estimated value
    5,500 sqft 0.23 AC lot
    View details
    8909 14th S Ave
    SHOPPING CENTER, STRIP CENTER

    8909 14th S Ave, Seattle, WA 98108-4818

    $1,120,000
    Estimated value
    7,387 sqft 0.62 AC lot
    View details
    13201 Aurora N Ave
    SHOPPING CENTER, STRIP CENTER

    13201 Aurora N Ave, Seattle, WA 98133-7584

    $3,695,000
    Estimated value
    24,235 sqft 8.96 AC lot
    View details
    17405 Southcenter Pkwy
    MINI-MALL

    17405 Southcenter Pkwy, Seattle, WA 98188

    $33,535,000
    Estimated value
    126,916 sqft 11.85 AC lot
    View details
    830 Northgate Way
    MINI-MALL

    830 Northgate Way, Seattle, WA 98125-7312

    $32,570,000
    Estimated value
    79,204 sqft 4.89 AC lot
    View details
    9200 Holman NW Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    9200 Holman NW Rd, Seattle, WA 98117-2247

    $1,230,000
    Estimated value
    4,314 sqft 0.16 AC lot
    View details
    12808 Ambaum SW Blvd
    MINI-MALL

    12808 Ambaum SW Blvd, Seattle, WA 98146

    $1,035,000
    Estimated value
    47,076 sqft 4.00 AC lot
    View details
    2217 57th St
    WHOLESALE OUTLET, DISCOUNT STORE

    2217 57th St, Seattle, WA 98107-3134

    $4,155,000
    Estimated value
    28,524 sqft 0.46 AC lot
    View details

    Seattle, WA Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Seattle, WA on our real estate platform. These investment opportunities span a total of 14,438 square feet of properties for sale, with an estimated market value of $5,300,000.

    Sale prices for plazas in Seattle, WA start at $2,200,000, averaging $2,650,000, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 73
    Automotive properties 34
    Showrooms 22
    Auto shops 17
    Grocery and convenience stores 13

    Demographics Overview

    Population 1.02M
    Population Growth (5Y) +5.3%
    Median Household Income $117,466
    College Educated 45.8%

    High-Yield Neighborhoods for Investment

    Identify Seattle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98118 $2.2M
    98126 $3.4M
    98133 $5.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.84%
    Property Tax per SF $5.91 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Seattle fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Seattle, WA

    • 98118
    • 98126
    • 98133

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