Prepared by https://www.commercialmls.com
Second Time Around
4209 University Way NE Seattle WA 98105
Listing #: 708325 | Status: Available | Last Modified: 4/9/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 183,453 |
| Vacancy Factor % | 16.86% |
| Operating Expenses | 15,513 |
| Net Operating Income | 137,011 |
| CAP Rate | 3.63 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 4 |
| Total Building SF | 8,000 SF |
| Net Rentable Area | 7,003 SF |
| Total Office SF | 3,675 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 3,920 SF |
| Acres | 0.09 |
| Year Built | 1923 |
| Year Renovated | 1980 |
| Construction Type | Masonry |
| Property Type | |
|---|---|
| Property Type | Office |
| Office Type | Multi-Tenant |
| Building Class | C |
| Location | |
|---|---|
| County | King |
| Cross Street | NE 42nd St |
| Market Area | U-District |
| Tax ID # | 1142001070 |
| Zoning | NC3P-65 |
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
Second Time Around
4209 University Way NE Seattle WA 98105
Listing #: 708325 | Status: Available | Listing Date: 2/6/2026 | Last Modified: 4/9/2026 | Email Listing
For Sale
Second Time Around
