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Investment Highlights
- Office Space ideally built and ready for your use today
- Ideal: Owner - Operator with Investor mindset
- Two-fold increase in Development Potential w/ impending City's Rezone
Executive Summary
Unique opportunity to own a flexible office property along California Ave SW in the heart of West Seattle. The property includes approximately 3,096 SF across two buildings on a 7,500 SF, 50' × 150' lot, with four on-site parking spaces.
The existing Group B office layout can accommodate one, two, or three tenants, providing several ownership strategies. A buyer can occupy the entire property, create multiple rental suites, or operate a business from one portion while leasing the balance. Existing improvements include a kitchenette, bathrooms, separate shower, common yard, signage and excellent visibility along California Ave SW.
The property is currently zoned LR3 RC (M) and also offers potential longer-term redevelopment upside. The site is within an area affected by the City of Seattle’s ongoing Comprehensive Plan and zoning-update process. Any proposed zoning change has not been adopted and is not guaranteed. Buyer to independently verify permitted uses, building and suite configuration, rental potential, current and future zoning, and development potential.
• $1,480,000 Asking Price
• 7,500 SF Site — 50' × 150'
• Approx. 3,096 SF Existing Improvements
• Two Buildings
• Flexible 1-, 2- or 3-Tenant Office Configuration
• Group B Office Occupancy
• 4 On-Site Parking Spaces
• Owner-User + Rental Income Potential
• Current Zoning: LR3 RC (M)
• Potential Longer-Term Redevelopment Opportunity
• Prominent California Ave SW Location
• Own Today. Position for Tomorrow.
The existing Group B office layout can accommodate one, two, or three tenants, providing several ownership strategies. A buyer can occupy the entire property, create multiple rental suites, or operate a business from one portion while leasing the balance. Existing improvements include a kitchenette, bathrooms, separate shower, common yard, signage and excellent visibility along California Ave SW.
The property is currently zoned LR3 RC (M) and also offers potential longer-term redevelopment upside. The site is within an area affected by the City of Seattle’s ongoing Comprehensive Plan and zoning-update process. Any proposed zoning change has not been adopted and is not guaranteed. Buyer to independently verify permitted uses, building and suite configuration, rental potential, current and future zoning, and development potential.
• $1,480,000 Asking Price
• 7,500 SF Site — 50' × 150'
• Approx. 3,096 SF Existing Improvements
• Two Buildings
• Flexible 1-, 2- or 3-Tenant Office Configuration
• Group B Office Occupancy
• 4 On-Site Parking Spaces
• Owner-User + Rental Income Potential
• Current Zoning: LR3 RC (M)
• Potential Longer-Term Redevelopment Opportunity
• Prominent California Ave SW Location
• Own Today. Position for Tomorrow.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
3,066 SF
Building Class
C
Year Built/Renovated
1958/1990
Price
$1,490,000
Price Per SF
$485.98
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,216 SF
Slab To Slab
9’
Building FAR
0.41
Lot Size
0.17 AC
Zoning
LR3 RC - Seattle’s LR3 RC zoning is a moderate-scale multifamily zone intended to accommodate a variety of housing types, including apartments, townhouses and
Parking
4 Spaces
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 762570-1436 | Total Assessment | $1,197,200 (2025) |
| Land Assessment | $1,125,000 (2025) | Annual Taxes | ($3,092) (($1.01)/SF) |
| Improvements Assessment | $72,200 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
762570-1436
Land Assessment
$1,125,000 (2025)
Improvements Assessment
$72,200 (2025)
Total Assessment
$1,197,200 (2025)
Annual Taxes
($3,092) (($1.01)/SF)
Tax Year
2026
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Videos
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Photos
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Map
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Contact the Sale Advisor
5639 California Ave SW



