3121 W Government Way 950 SF Office/Retail Condo Unit Offered at $498,000 in Seattle, WA 98199

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INVESTMENT HIGHLIGHTS

At the entrance of Discovery Park, attract neighbors and city visitors with wide exposure for your business
3 secure parking stalls. Connection via condo building lobby (25 units) and directly to the street

Natural Light, wider than deeper, flexible distribution.

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. Prime commercial condo at Atwater Park Condominiums in Magnolia, Seattle. A contemporary interior, seamless access to major thoroughfares, and a welcoming community make this a rare and valuable opportunity. Not suitable for restaurants.

PROPERTY FACTS

Price	$498,000
Unit Size	950 SF
No. Units	1
Total Building Size	2,389 SF
Property Type	Retail (Condo)
Property Subtype	Freestanding General Retail Storefront
Sale Type	Investment or Owner User
Building Class	B
Floors	4
Typical Floor Size	597 SF
Year Built	1988
Lot Size	0.20 AC
Parking Ratio	19.25/1,000 SF
Zoning	NC140, Seattle

Bus Line

Signage

1 UNIT AVAILABLE

Unit Comm #1

Unit Size	950 SF
Price	$498,000
Price Per SF	$524.21
Condo Use	Office/Retail
Sale Type	Investment or Owner User
Cap Rate	6.00%
NOI	$29,880
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.