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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

Price $5,250,000
Price Per SF $226.05
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class C
Lot Size 1.26 AC
Rentable Building Area 23,225 SF
No. Stories 2
Year Built 1968
Parking Ratio 0.69/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 3
Zoning MML U/85 - Maritime Manufacturing and Logistics

Amenities

  • Controlled Access
  • Fenced Lot
  • Mezzanine
  • Signage
  • Breakroom
  • Perimeter Security Fence
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
732790-5955
Land Assessment
$3,162,500
Improvements Assessment
$623,900
Total Assessment
$3,786,400
  • Listing ID: 41446835

  • Date on Market: 7/27/2026

  • Last Updated:

  • Address: 401 S Webster St, Seattle, WA 98108

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