Remodeled 4-story office building featuring a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or an owner-user to acquire an updated property with stabilized income from long-term tenants with below market rents. Flexible leases allowing a new owner to occupy a portion or all of the building. 4.6% cap rate based on current income and 62% occupancy. Actual 10%+ cap rate with 90% occupancy. Please don't disturb current tenants.
Listing Provided Courtesy of Lauren Hendricks, Windermere Real Estate Midtown
General Information
NWM2321503
Commercial Industrial
356
DOM
0.28 acres
0
1979
Busines
King
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Lauren Hendricks, Windermere Real Estate Midtown
Krishna Realty data last checked: Feb 22, 2026 03:39 | Listing last modified Jan 23, 2026 23:42,
Source:
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Residence Information
0
20778
Built-Up, Flat
61 - Comm Bldg Ovr 10K
1979
Poured Concrete
Features and Utilities
Cement/Concrete, Wood Products
Public
Sewer Connected
13748
Financial
42002
Cash Out, Conventional
01-09-2025
21439
Comparable Information
356
356
Cash Out, Conventional
$3,500,000
$3,500,000
Jan 23, 2026 23:42
Schools
Map
Listing courtesy of Windermere Real Estate Midtown.
Remodeled 4-story office building featuring a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or an owner-user to acquire an updated property with stabilized income from long-term tenants with below market rents. Flexible leases allowing a new owner to occupy a portion or all of the building. 4.6% cap rate based on current income and 62% occupancy. Actual 10%+ cap rate with 90% occupancy. Please don't disturb current tenants.
