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4705 Pacific Way 7,320 SF Vacant Retail Building Seaview, WA 98644 $799,000 ($109.15/SF)



Investment Highlights
- Located on Seaview’s main commercial thoroughfare with 115 feet of frontage.
- Features vaulted ceilings, skylights, and six large bay windows for natural light.
- On-site parking for 12 vehicles and ADA-compliant access ramp.
- Zoned Community Commercial with mixed-use flexibility for retail and residential.
- Includes a remodeled one-bedroom residential unit with updated systems.
- High seasonal traffic with over one million vehicles passing annually.
Executive Summary
Positioned along Pacific Way, the primary commercial corridor of Seaview, this property offers a rare opportunity for investors or owner-users seeking a versatile retail asset in a high-visibility location. The building spans 7,320 square feet and sits on a 0.23-acre lot with 115 feet of frontage, ensuring strong exposure to both local and seasonal traffic. Zoned Community Commercial with a mixed-use overlay, the property accommodates a wide range of business uses and includes a remodeled one-bedroom residential unit with updated systems and a new foundation.
The retail space features vaulted ceilings, skylights, six large bay windows, and an ADA-compliant ramp, creating an inviting environment for customers. Additional amenities include a loft area, storage space, and 12 on-site parking spaces. According to the local Chamber of Commerce, over one million vehicles pass this location between April and October, making it an attractive site for businesses targeting both residents and tourists. Offered at $799,000, this property combines functional design with income potential in a vibrant coastal community.
The retail space features vaulted ceilings, skylights, six large bay windows, and an ADA-compliant ramp, creating an inviting environment for customers. Additional amenities include a loft area, storage space, and 12 on-site parking spaces. According to the local Chamber of Commerce, over one million vehicles pass this location between April and October, making it an attractive site for businesses targeting both residents and tourists. Offered at $799,000, this property combines functional design with income potential in a vibrant coastal community.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,446
|
$0.33
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,446
|
$0.33
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $2,446 |
| Annual Per SF | $0.33 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,446 |
| Annual Per SF | $0.33 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,320 SF
Building Class
C
Year Built
2004
Price
$799,000
Price Per SF
$109.15
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.23 AC
Zoning
CC - Community Commercial
Frontage
Amenities
- Corner Lot
- Skylights
- Kiosk/Cart Space
- Wheelchair Accessible
- Storage Space
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $343,500 (2025) | |
| Land Assessment | $130,600 (2025) | Annual Taxes | $2,446 ($0.33/SF) |
| Improvements Assessment | $212,900 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$130,600 (2025)
Improvements Assessment
$212,900 (2025)
Total Assessment
$343,500 (2025)
Annual Taxes
$2,446 ($0.33/SF)
Tax Year
2024
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4705 Pacific Way
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