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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
    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 1 Active listings in Seattle, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

    Moses Lake Retail Strip Building
    Moses Lake Retail Strip Building

    1520 S Pioneer Way, Moses Lake, WA 98837

    Contact for pricing
    3,360 sqft 0.60 AC lot

    Unanchored retail building on a high-traffic corner lot.

    View details
    Shadow-Anchored Multi-Tenant Retail
    Shadow-Anchored Multi-Tenant Retail

    22611 76th Ave W, Edmonds, WA 98026

    $3,200,000

    Multi-tenant retail strip is shadow-anchored by Ranch 99 and Planet Fitness, with long-tenured tenants.

    View details
    High-Traffic Corridor Strip Mall
    High-Traffic Corridor Strip Mall

    5971 Hwy 303 NE, Bremerton, WA 98311

    Contact for pricing

    For sale strip mall retail asset positioned along State Highway 303 NE near Walmart Supercenter and Safeway.

    View details
    Multi-Tenant Strip Mall with Parking
    Multi-Tenant Strip Mall with Parking

    1001 W Broadway Ave, Moses Lake, WA 98837

    Contact for pricing

    Multi-tenant strip mall with 16 spaces and 80+ parking spots, new roof and recently installed A/C units.

    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.

    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
    Paradise Skyway Commercial Land Opportunity
    Paradise Skyway Commercial Land Opportunity

    9272-9300 Skyway, Paradise, CA 95969

    $139,000

    High-traffic location with flexible zoning for various commercial uses.

    View details
    Billings Commercial Land For Sale
    Billings Commercial Land For Sale

    211-215 Grand Avenue lot: 5, Billings, MT 59101

    $200,000
    0.40 AC lot

    Commercial land with high traffic, suitable for various developments.

    View details
    Vacant Commercial Development Lot
    Vacant Commercial Development Lot

    704 N Fresno Street, Fresno, CA 93701

    $199,900
    0.34 AC lot

    Vacant commercial lot near Fresno Community Regional Medical Center and Hwy 41/Tulare Ave exit.

    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.

    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
    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
    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
    2501 Eastlake E Ave
    SHOPPING CENTER, STRIP CENTER

    2501 Eastlake E Ave, Seattle, WA 98102-3200

    $565,000
    Estimated value
    9,923 sqft 0.25 AC lot
    View details
    23261 Pacific S Hwy
    SHOPPING CENTER, STRIP CENTER

    23261 Pacific S Hwy, Seattle, WA 98198

    Value Estimation by Request
    700 sqft 0.35 AC lot
    View details
    23201 Pacific S Hwy
    SHOPPING CENTER, STRIP CENTER

    23201 Pacific S Hwy, Seattle, WA 98198

    Value Estimation by Request
    0.03 AC lot
    View details
    Seattle, WA 98118
    SHOPPING CENTER, STRIP CENTER

    Seattle, WA 98118

    Value Estimation by Request
    8,227 sqft 0.15 AC lot
    View details
    Seattle, WA 98199
    SHOPPING CENTER, STRIP CENTER

    Seattle, WA 98199

    Value Estimation by Request
    0.15 AC lot
    View details
    15200 Aurora N Ave
    SHOPPING CENTER, STRIP CENTER

    15200 Aurora N Ave, Seattle, WA 98133-6138

    Value Estimation by Request
    0.72 AC lot
    View details
    714 Taylor N Ave
    SHOPPING CENTER, STRIP CENTER

    714 Taylor N Ave, Seattle, WA 98109-4221

    Value Estimation by Request
    0.11 AC lot
    View details
    9635 Des Moines Memorial Dr
    SHOPPING CENTER, STRIP CENTER

    9635 Des Moines Memorial Dr, Seattle, WA 98108-5061

    $1,860,000
    Estimated value
    12,240 sqft 3.49 AC lot
    View details
    12513 Lk City NE Way
    SHOPPING CENTER, STRIP CENTER

    12513 Lk City NE Way, Seattle, WA 98125-3464

    $2,890,000
    Estimated value
    17,563 sqft 1.75 AC lot
    View details
    Seattle, WA 98118
    SHOPPING CENTER, STRIP CENTER

    Seattle, WA 98118

    Value Estimation by Request
    4,350 sqft 0.09 AC lot
    View details
    3127 Madison St
    SHOPPING CENTER, STRIP CENTER

    3127 Madison St, Seattle, WA 98112

    $715,000
    Estimated value
    24,518 sqft 0.25 AC lot
    View details
    12020 Des Moines Memorial S Dr
    SHOPPING CENTER, STRIP CENTER

    12020 Des Moines Memorial S Dr, Seattle, WA 98168-2228

    Value Estimation by Request
    1,034 sqft 0.10 AC lot
    View details
    3115 Madison St
    SHOPPING CENTER, STRIP CENTER

    3115 Madison St, Seattle, WA 98112

    $875,000
    Estimated value
    29,836 sqft 0.37 AC lot
    View details
    209 12Th Ave
    Strip malls

    209 12Th Ave, Seattle, WA 98144

    Value Estimation by Request
    234,505 sqft
    View details
    Washington St
    SHOPPING CENTER, STRIP CENTER

    Washington St, Seattle, WA 98144

    Value Estimation by Request
    View details
    Seattle, WA 98105
    SHOPPING CENTER, STRIP CENTER

    Seattle, WA 98105

    Value Estimation by Request
    0.42 AC lot
    View details

    Seattle, WA Strip Malls Market Trends and Statistics

    Explore 24 strip malls for sale in Seattle, WA on our real estate platform. These investment opportunities span a total of 5,326 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for retail strips in Seattle, WA average $2,200,000 — 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 194
    Automotive properties 33
    Shopping centers 29
    Showrooms 29
    Auto shops 17

    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
    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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