3625 Woodland Park Ave N - Office FOR SALE


Seattle, WA 98103- Fremont
$2,350,000 USD
206-584-6195
3625 Woodland Park Ave N, Seattle, WA for Sale
$2,350,000 USD
Office - FOR SALE
1/10
null | 5.13% Cap Rate

3625 Woodland Park Ave N
Seattle, WA 98103
Fremont


HIGHLIGHTS

  • OWNER-USER OR INVESTMENT OPPORTUNITY
  • DEDICATED ON-SITE PARKING
  • BEST-IN-CLASS OFFICE FINISHES
  • LONG-TERM COVERED LAND VALUE
  • AMENITY RICH NEIGHBORHOOD
  • SIGNIFICANT NEARBY DEVELOPMENT

OVERVIEW

Team Vara is pleased to present Jewel Box Fremont Office, a 4,459 SF professional office building located just off Stone Way in one of Seattle’s most walkable commercial pockets (Walk Score 93). The property is fully leased to two tenants on staggered terms, providing near-term income and stability – while still offering a realistic path to future owner-user occupancy as leases roll or by utilizing Landlord-friendly lease termination rights. The surrounding 1-mile trade area features a median household income of $147,887 – approximately 27% higher than Seattle’s average and nearly double the national average, supporting durable demand for professional and service-oriented users. While the site carries long-term redevelopment optionality, the building is prime for a savvy office investor or owner-occupant. With income that supports a low-carry hold and a location that continues to benefit from Fremont’s depth of amenities and connectivity, Jewel Box Fremont Office offers a rare opportunity to secure an infill position in a supply-constrained, high-income submarket, with current cash flow and multiple exit paths over time.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$527 USD /SF

CAP RATE

5.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jewel Box Fremont Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

NC2-75 (M1)

APN/PARCEL ID

182504-9050

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

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RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.