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3121 W Government Way 950 SF Office/Retail Condo Unit Offered at $428,000 in Seattle, WA 98199

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INVESTMENT HIGHLIGHTS

  • 3 secure at-grade parking stalls included in price! Ideal for Office location, Professional Serrvices
  • Blocks from Discovery Park, attract neighbors and city visitors with wide exposure for your business
  • Natural Light, flexible distribution. Connection via condo building lobby (25 units) and directly to the street

EXECUTIVE SUMMARY

Located on West Government Way—the retail district that marks the entrance to Discovery Park—this versatile space offers a light-filled floor plan ideal for office or retail use. Three dedicated parking spaces in the secured at-grade garage enhance accessibility. A contemporary interior, seamless access to major thoroughfares, and a welcoming community make this a rare and valuable opportunity. Not suitable for restaurants. Prime commercial condo at Atwater Park Condominiums in Magnolia, Seattle.

PROPERTY FACTS

Total Building Size 30,253 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront
Building Class B
Floors 4
Typical Floor Size 7,564 SF
Year Built 1988
Lot Size 0.20 AC
Parking Ratio 19.25/1,000 SF
Zoning NC140, Seattle

1 UNIT AVAILABLE

Unit Comm #1

Unit Size 950 SF
Price $428,000
Price Per SF $450.53
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 6.67%
NOI $28,547.60
No. Parking Spaces 3
APN/Parcel ID 030010-0010
DESCRIPTION

Prime commercial condo at Atwater Park Condominiums in Magnolia, Seattle. Located on West Government Way—the retail district that marks the entrance to Discovery Park—this versatile space offers a light-filled floor plan ideal for office or retail use. Three dedicated parking spaces in the secured at-grade garage enhance accessibility. A contemporary interior, seamless access to major thoroughfares, and a welcoming community make this a rare and valuable opportunity. Not suitable for restaurants.

SALE NOTES

Showing by appointment only contact friendly LA to schedule.
Offers: Seller intends to review offers upon receipt
Directions: From the Ballard bridge, go west on Emerson, right on Gilman Ave W which turns into W Government Way. AtWater building is on east side of street.

004-480256-DSC09630-2
View Photo 004-480256-DSC09630-2
  • Listing ID: 35294744

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 3121 W Government Way, Seattle, WA 98199

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3121 W Government Way

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