Description
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.
Location
Listed By
Listing Agent
Janet Irons
Windermere Real Estate Co.
Similar Listings
Listing Office: Laura Mounter Real Estate
Listing Office: John L. Scott, Inc.
Newly Listed
Listing Office: John L. Scott Ocean Shores
Newly Listed
Listing Office: Exemplar Real Estate Inc
Newly Listed
Listing Office: Networks Real Estate LLC
Listing Office: Windermere RE Whatcom, Inc.
Newly Listed
Listing Office: Better Properties Real Estate
Newly Listed
Listing Office: Epique Realty
Listing Office: G Anderson Group LLC
Listing Office: John L. Scott Bellingham
Listing Office: Coldwell Banker Bain
Newly Listed
Listing Office: Alpine Group
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © NWMLS.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Updated: 23rd April, 2026 11:25 PM (UTC)
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Updated: 23rd April, 2026 11:25 PM (UTC)
