4241 21st Avenue W

Seattle, WA 98199

  • Bed

  • Bath

  • 0 SqFt

  • 356 DOM

  • Built: 1979

  • Status: Active

$2,500,000

X

4241 21st Avenue W

Seattle 98199

$2500000

  • Bed

  • Bath

  • 0 SqFt

  • 356 DOM

  • Built: 1979

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • 20778

  • Built-Up, Flat

  • 61 - Comm Bldg Ovr 10K

  • 1979

  • Poured Concrete

Features and Utilities

  • Cement/Concrete, Wood Products

  • Public

  • Sewer Connected

  • 13748

Financial

  • 42002

  • Cash Out, Conventional

  • 01-09-2025

  • 21439

Comparable Information

  • 356

  • 356

  • Cash Out, Conventional

  • $3,500,000

  • $3,500,000

  • Jan 23, 2026 23:42

Schools

Map

Listing courtesy of Windermere Real Estate Midtown.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Mar 04, 2026 11:23 | Listing last modified Jan 23, 2026 23:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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