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Joncas Company Building 12058-12060 Lake City Way NE 7,500 SF Retail Building Seattle, WA 98125 $2,650,000 ($353.33/SF)
Investment Highlights
- Located along a high-visibility stretch of Lake City Way NE with steady traffic flow.
- Masonry construction featuring vintage character and adaptable interior layouts.
- Situated within a dynamic business corridor surrounded by retail and residential density.
- Combination of showroom and warehouse space to accommodate diverse operational needs.
- Strategic location near I-5 and major Seattle transportation routes for easy regional access.
Executive Summary
Position your business or investment portfolio for success with this rare opportunity to acquire a highly visible commercial property in the heart of Seattle’s Lake City corridor. Featuring approximately 7,555 SF on a 0.21-acre lot, this expansive industrial-flex building offers exceptional versatility for owner-users, investors, creative redevelopment, showroom, warehouse, retail, or mixed commercial use.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
Year Built/Renovated
1945/2025
Price
$2,650,000
Price Per SF
$353.33
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.82
Lot Size
0.21 AC
Zoning
NC365 - Neighborhood Commercial 3 with a 65-foot height limit
Parking
10 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 882290-0820 | Improvements Assessment | $1,000 |
| Land Assessment | $1,322,400 | Total Assessment | $1,323,400 |
Property Taxes
Parcel Number
882290-0820
Land Assessment
$1,322,400
Improvements Assessment
$1,000
Total Assessment
$1,323,400
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Joncas Company Building | 12058-12060 Lake City Way NE