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South Seattle Industrial 401 S Webster St 23,225 SF 100% Leased Industrial Building Seattle, WA 98108 $5,250,000 ($226.05/SF)



Investment Highlights
- Owner/User Warehouse with Value-Add & Redevelopment Potential
- Unmatched Logistics Location
- Robust Electrical Infrastructure
- Rare 1.26-Acre Secured Industrial Lot | 33,975 SF Yard
- Seller Financing Available
- Flexible MML U/85 Zoning
Executive Summary
The Brown Group of Marcus & Millichap has been selected to exclusively market for sale or lease South Seattle Industrial, a fully secured 1.26-acre lot in Seattle's primary industrial corridor. The property features a 19,000 SF warehouse, 4,220 SF of office, mezzanine and additional storage, along with a 33,975 SF fully secured yard. The 23,225 SF building offers an efficient office-to-warehouse ratio, four dock-high loading positions, three grade-level loading doors, and multiple points of ingress and egress. Situated less than half a mile from the convergence of SR-509 and SR-99, the property offers exceptional access to the Port of Seattle, Boeing Field, Sea-Tac International Airport, Downtown Seattle, I-5, and the Kent Valley Industrial Corridor. The building is equipped with an 800-Amp, 3-Phase, 240V High-Leg Delta electrical service. The property is zoned Maritime, Manufacturing & Logistics (MML U/85), permitting a broad range of industrial, manufacturing, warehouse, logistics, contractor, marine-related, and commercial uses. South Seattle remains one of the Pacific Northwest's most supply-constrained industrial submarkets, with limited developable land and restrictive zoning continuing to support strong occupancy fundamentals and long-term appreciation. Seller financing is available with flexible terms, including interest-only or fully amortizing structures.
Property Facts
Amenities
- Controlled Access
- Fenced Lot
- Mezzanine
- Signage
- Breakroom
- Perimeter Security Fence
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 732790-5955 | Improvements Assessment | $623,900 |
| Land Assessment | $3,162,500 | Total Assessment | $3,786,400 |
Property Taxes
Parcel Number
732790-5955
Land Assessment
$3,162,500
Improvements Assessment
$623,900
Total Assessment
$3,786,400
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South Seattle Industrial | 401 S Webster St
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