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Investment Highlights

  • Fully fenced ±1.41-acre site with dual access points and 23 striped stalls.
  • Mix of warehouse, main office, and mezzanine office space designed for operational flexibility.
  • Prominent Lake City Way NE frontage with over 36,000 vehicles per day and large pylon signage.
  • Insulated and heated clear span warehouse with 21-25 ft ceilings and both dock-high and grade-level loading.
  • NC3-55 zoning allows for numerous commercial uses, supporting future adaptability.
  • Excellent regional connectivity, just 1.7 miles to I-5 and 1.5 miles to Northgate Link Light Rail Station.

Executive Summary

This rare standalone flex property sits prominently on Lake City Way NE, offering a high-exposure location within Seattle’s thriving north-end corridor. Designed for versatile use, the property spans approximately 19,146 square feet across two floors and features a combination of expansive warehouse space and modern office environments.
The site includes an insulated and heated warehouse area with 21- to 25-foot clear heights, one dock-high loading door, and one grade-level loading door for efficient operations. Supporting flexible power requirements, the building provides 3-phase electrical service. Multiple ingress and egress points, a fully fenced perimeter, and 23 striped parking stalls (with the potential for more) enhance convenience and security.
Situated on a ±1.41-acre parcel zoned NC3-55, the property accommodates a wide range of commercial uses, from office and retail to light industrial, and benefits from strong connectivity. Immediate access to Lake City Way NE ensures visibility with over 36,000 vehicles per day, while proximity to I-5 and the Northgate Link Light Rail Station delivers excellent regional reach. Billboard signage onsite generates supplemental income, adding to the property’s strong investment fundamentals.

Property Facts

Price $8,889,309 CAD
Price Per SF $464.29 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 1.41 AC
Rentable Building Area 19,146 SF
No. Stories 1
Year Built 1978
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 21’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning NC3-55
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
510140-5880
Land Assessment
$7,118,612 CAD
Improvements Assessment
$1,380 CAD
Total Assessment
$7,119,992 CAD
  • Listing ID: 40146910

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 10001 Lake City Way NE, Seattle, WA 98125

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