7301 5th Ave NE 2,177 SF Office/Medical Condo Unit Offered at $1,000,000 in Seattle, WA 98115

PROPERTY FACTS

Price $1,000,000
Unit Size 2,177 SF
No. Units 1
Total Building Size 2,832 SF
Property Type Office (Condo)
Sale Type Investment
Building Class B
Floors 4
Typical Floor Size 708 SF
Year Built 1999
Lot Size 0.16 AC
Parking Ratio 0.35/1,000 SF
Zoning NC240

1 UNIT AVAILABLE

Unit A

Unit Size 2,177 SF
Price $1,000,000
Price Per SF $459.35
Condo Use Office/Medical
Sale Type Investment
Cap Rate 5.00%
NOI $50,000
APN/Parcel ID 769856-0010
DESCRIPTION

Ground-floor commercial condo opening directly onto 5th Ave NE.  Built out as medical treatment facility with reception area, numerous treatment rooms, two conference rooms, bathroom (with shower), coffee/laundry room, office, and storage room.  Central location with quick and easy access to I-5, I-90, and Hwy 99.  Two covered client parking spots plus one spot in the underground parking garage.

SALE NOTES

Fully leased through April 2028, with option for 5 year extension.  CAP 5%.   Please do not disturb tenant or interfere with their business.  All tours to be conducted with listing broker present.

7301 5th Ave NE Suite A, Seattle WA_0008-2
7301 5th Ave NE Suite A, Seattle WA_0025-2
7301 5th Ave NE Suite A, Seattle WA_0027-2
View Photo 7301 5th Ave NE Suite A, Seattle WA_0008-2
View Photo 7301 5th Ave NE Suite A, Seattle WA_0025-2
View Photo 7301 5th Ave NE Suite A, Seattle WA_0027-2
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (88)
  • Listing ID: 34999019

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 7301 5th Ave NE, Seattle, WA 98115