4241 21st Avenue WSeattle, WA 98199
Listing courtesy of Lauren Hendricks of Windermere Real Estate Midtown
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Remodeled 4-story office building featuring a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or an owner-user to acquire an updated property with stabilized income from long-term tenants with below market rents. Flexible leases allowing a new owner to occupy a portion or all of the building. 4.6% cap rate based on current income and 62% occupancy. Actual 10%+ cap rate with 90% occupancy. Please don't disturb current tenants.
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $2,500,000 | |
| 2 months ago | Status changed to Active | |
| a year ago | Listing first seen on site |
Listing courtesy of Lauren Hendricks of Windermere Real Estate Midtown
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-02-28 05:29 AM PST
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.