7301 5th Avenue NE Unit A Seattle, WA 98115
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.
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Based on information submitted to the MLS GRID as of 6/3/2026 12:00:00 AM (date and time MLS GRID Data was obtained). 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.
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Price History
| date | event | price | source |
|---|---|---|---|
|
03/31/2026
03/31/2026
|
Active |
$875,000
|
NWMLS - Northwest MLS - Seattle |
|
11/14/2025
11/14/2025
|
Active |
$925,000
|
NWMLS - Northwest MLS - Seattle |
|
10/11/2025
10/11/2025
|
Active |
$950,000
|
NWMLS - Northwest MLS - Seattle |
Market Trends
Source: Constellation1
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