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JRJeff ReynoldsCompass · Seattle

Listed by Mitch Battison, Paragon Real Estate Advisors

Commercial Industrial
Type
1937
Year built
8,165 sq ft
Lot
319
Days on market

About this property

Price Reduced! 8,165 SF commercial lot zoned NC3P-75 (M1) is currently built out with a dog groomer, photography studio, and a single-family residence. This offering is a fully leased opportunity to collect cash flow or hold as a covered land play. Built in 1937, the building houses 3 retail suites that have seen consistent tenancy for years (currently leased through 2028). Both commercial users on short term deals to allow for immediate redevelopment potential. The current configuration includes a rear parking lot with a single-family residence, adding additional rental income to the property. Positive cash flow day one, allows a developer flexibility to work on the project without bleeding capital on a property that sits vacant.

Location & commute

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Directions

Property details

Listing details

Listing number
#2425769
Listed
August 28, 2025
Days on market
319
Original list price
$1,775,000

Construction

Year built
1937
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Flat

Lot

Lot size
8,165 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

What stands out to you?

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  • Unspecified
  • Flat
  • Cash
  • Conventional
  • Public
  • Sewer Connected

Listing history

  1. Listed

    $1,775,000

    August 28, 2025

  2. Current price

    $1,400,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$8,152

Principal & interest
$7,079
Property tax (est.)
$1,073

Assumes $280,000 down (20%), a $1,120,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.