Property Details
8211 Aurora Avenue N
Seattle, WA 98103
$2,150,000
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Property Overview
Very desirable double corner lot close to Greenlake Zoned C1-55. Many potential uses. Total is 10,920 sqft. Current tenant has lease thru 10/31/2027. Dept. of Ecology has an NFA letter on 7/21/2023. Property to the South is slated for an adult care facility. Please do not disturb tenant. All Showings by appointment. Current use is a set design and manufacturing studio. Very nice appointments. Heavy timber beams and sidelayed joists give this building a classsic interior look. Located on the north side of the corridore just blocks from Greenlake. This building has a remarkable history of tenancy ranging from 15 to 50 years. 13 off street parking spaces.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Green Lake
Listed
Apr 6, 2026
Financial Summary
Cap Rate
5.70%
Net Operating Income
$121,558
Gross Scheduled Income
$144,840
Gross Rent Multiplier
14.80
Total Expenses
$23,282
Total Actual Rent
$10,002/mo
Monthly NNN
$2,068/mo
Building & Use
Building Sq Ft
7,400
Sq Ft Rented
5,600
Zoning
Commercial
Possible Use
Commercial
Lot Size
10,920 sqft
Year Built
1932
Exterior & Lot
Lot Size
0.25 sqft
Year Built
1932
Exterior Materials
Cement, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete, Wood
Location
City
Seattle
County
King
Coordinates
47.68889, -122.34492
Additional Information
Tax Year
2025
Annual Taxes
$16,946
Possession
Array
