About 7301 5th Avenue Ne Unit A
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.
Features of 7301 5th Avenue Ne Unit A
| MLS® # | 2444053 |
|---|---|
| Price | $875,000 |
| Year Built | 1999 |
| Type | Commercial Sale |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 7301 5th Avenue Ne Unit A |
|---|---|
| Area | 705 - Ballard/Greenlake |
| Subdivision | Green Lake |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98115 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | October 11th, 2025 |
|---|---|
| Days on Market | 504 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Real Estate Co. |
|---|