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9800 Roosevelt Way NE 1,531 SF Office/Retail Condo Unit Offered at $700,000 in Seattle, WA 98115
INVESTMENT HIGHLIGHTS
- Well-managed with monthly dues covering maintenance, insurance, water, sewer, and trash
- Plenty of nearby amenities such as Maple Leaf Park, cafes, shops, and Thornton Place cinema
EXECUTIVE SUMMARY
21 unit multifamily property with ground floor office/retail condos.
PROPERTY FACTS
| Total Building Size | 23,157 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,793 SF |
| Property Subtype | Apartment | Year Built | 1983 |
| Building Class | B | Lot Size | 0.35 AC |
| Zoning | LR2 | ||
| Total Building Size | 23,157 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 6,793 SF |
| Year Built | 1983 |
| Lot Size | 0.35 AC |
| Zoning | LR2 |
1 UNIT AVAILABLE
Unit A
| Unit Size | 1,531 SF | Sale Type | Investment or Owner User |
| Price | $700,000 | Cap Rate | 5.61% |
| Price Per SF | $457.22 | NOI | $39,291 |
| Condo Use | Office/Retail |
| Unit Size | 1,531 SF |
| Price | $700,000 |
| Price Per SF | $457.22 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.61% |
| NOI | $39,291 |
DESCRIPTION
Street-level commercial space in the vibrant Maple Leaf neighborhood. Currently divided into two office suites—each w/ its own private entrance and restroom—this property offers a unique opportunity for an owner-user to occupy one unit while generating income from the other. Alternatively, combine both suites into a larger footprint to suit your growing business or lease both spaces. Located in an extremely walkable area surrounded by neighborhood-favorite coffee shops and restaurants, it also offers great access to public transportation, including nearby bus lines and light rail. Just blocks from the popular Maple Leaf Reservoir Park, this location blends convenience, community, and a steady flow of foot traffic.
SALE NOTES
Prime Maple Leaf neighborhood, steps from Roosevelt Light Rail Station.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 21 | - | - |
Contact the Sale Advisor
9800 Roosevelt Way NE