Property Details
7301 5th Avenue NE #Unit A, Seattle, WA 98115
Seattle, WA 98115
$875,000
Active
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About This Home
AMAZING PRICE REDUCTION! This ground-floor commercial condo is just 2 blocks from Greenlake in a thriving commercial district. Lovely finish work throughout, designed as a series of medical/therapy rooms, with a conference room, an ADA bath, a kitchen, and a private office with storage area. It is fully leased by a single tenant through April 2028, with a 5.25% CAP – even at the current below-market rental rate. Current tenant pays no NNN, and if option to extend is exercised, monthly rate can be increased substantially to reflect gross market rates (anticipate leap to CAP of 8%). Two designated covered parking spaces adjoin the space, and another parking space inside the secure underground parking garage is included in the title (elevator access to ground floor). Close to the new Swedish Medical Center at Greenlake, buses and I5.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Green Lake
Listed
Oct 11, 2025
Original Price
$950,000
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.00 sqft
Year Built
1999
Location
City
Seattle
County
King
Coordinates
47.68183, -122.32315
HOA / Association
HOA Fee
$902 / Monthly
Additional Information
Tax Year
2025
Annual Taxes
$7,117
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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