4209 University Way NE
Seattle WA 98105
Second Time Around
4209 University Way NE Seattle WA 98105
Listing #: 708325 | Status: Available | Last Modified: 4/9/2026 |
For Sale
- Phone:(206) 577-0598
- Email:tslomer@rpaseattle.com
- Office Name:Real Property Associates
- Office Phone:(206) 523-0300
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,626,000.0
- $/SF$ 578.3
- Listing StatusAvailable
- Days on Market86
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income183,453
- Vacancy Factor %16.86%
- Operating Expenses15,513
- Net Operating Income137,011
- CAP Rate 3.63 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units4
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF8000
- Net Rentable Area7003
- Total Office SF3675
- Largest Contiguous SF
- Lot SF3920
- Acres0.09
- Property TypeOffice
- Office TypeMulti-Tenant
- Building ClassC
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross StreetNE 42nd St
- Market AreaU-District
- Tax ID #1142001070
- Additional Parcels
- ZoningNC3P-65
- Year Built1923
- Year Renovated1980
- Completion Date
- Roof Type
- Construction TypeMasonry
4209 University Way NE
Legacy property on what arguably is the best block in the U-District. Forty foot frontage. High foot traffic. One vacant office space with revenue upside. Ideal for owner/user. High demand location provides steady income for investment with development potential to 65 feet.
Street Retail
