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Listing Firm: Windermere Real Estate Co.: Janet Irons

Active
NWMLS # 2336277

7301 5th Avenue NE #A, Seattle, WA 98115

Listings with the three tree icon are courtesy of NWMLS

About This Property

A great investment property, fully leased through May 2028. This ground-floor 2,177 SF commercial condo has direct street access to 5th Ave NE, the neighborhood arterial, and is just 2 blocks from Greenlake. CAP rate is currently 4.77% and expected to escalate over the remaining 3 years of the lease. Newly built out as medical and treatment spaces, with lovely details throughout, including reception area, conference room, coffee room with connections for washer and dryer, a private office in the back. Fully ADA compliant. Two designated, covered parking spaces adjoin the condo, and another designated parking space in the underground garage (elevator access to main floor). Close to the new Swedish Medical Center at Greenlake.

Aris360 Last Checked: Just Now (Jun 28, 2025 09:39 AM)

  • Source: NWMLS as Distributed by MLS Grid #2336277

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 5th
  • Zip/Postal Code: 98115
  • City: Seattle

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$3,847 per month
Principal & Interest
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Property Taxes

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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Green Lake
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.323147
  • Latitude
    • 47.681828
  • Directions
    • From I5 north, take exit NE 65th. Continue straight through stop signs as road weaves northward. Building is on the NW corner of 5th Ave NE and NE 73rd. Unit on northeast corner of ground floor.

  • Interior
    • Concrete
  • Floors
    • Concrete
  • Power Production Type
    • Electric

  • Style
    • 73 - Office
  • Parking Spaces
    • 3
  • Foundation
    • Poured Concrete,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 3

  • Possession
    • Closing,
    • See Remarks,
  • Association Fee
    • 902
  • Property Type
    • Commercial Sale
  • Association Fee Frequency
    • Monthly
  • Property SubType
    • Commercial Industrial
  • Structure Type
    • Other,
  • Year Built
    • 1999
  • Effective Year Built
    • 1999
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 28 2025 . 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.

Jun 28, 2025 09:39 AM