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Investment Highlights

  • Adjacent to Seattle’s premier University District
  • Flexible layout: 7,555 SF configure to your needs
  • Modern Infrastructure
  • Exceptional access to public transportation and I-5

Executive Summary

300 NE 45th Street is a well-maintained, two-story commercial building in Seattle’s Wallingford neighborhood, offering 7,555 rentable square feet on a prominent corner location. The property features rare on-site structured parking and will be delivered vacant, providing flexibility for both owner users and investors.
- Rare off-street parking: 10 secured structured stalls — an exceptional amenity for any commercial building in this submarket.
- Flexible floorplans: Both floors can be configured for a single occupant or demised for multiple tenants, supporting a wide range of business types.
- Prime corner location: Sits at NE 45th & Latona — a high-traffic retail corridor with 27,000 vehicles passing daily, two blocks from I-5.
- Delivered vacant: Current furniture showroom tenant will vacate prior to closing, giving the buyer immediate control.
- Favorable zoning: NC3P-55(M): Neighborhood Commercial 3 zoning permits retail, office, and mixed-use up to 55 ft, supporting future repositioning.
- Affluent, growing trade area: Average household income exceeds $121K within 1 mile, growing to $160K+ within 3 miles, with population expanding through 2029.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,555 SF
Building Class
C
Year Built/Renovated
1986/2000
Price
$5,020,200 CAD
Price Per SF
$664.49 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.32
Lot Size
0.13 AC
Zoning
NC3P-55(M) - Neighborhood Commercial 3 zoning permits retail, office, and mixed-use up to 55 ft, supporting future repositioning.
Parking
10 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
56’ on 45th St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

Ezell's Famous Chicken
The Melting Pot
Pho Than Brothers
Planet Fitness
Chase Bank
KeyBank
Bank of America
Quality Food Centers
Trader Joe's
Safeway

Property Taxes

Property Taxes

Parcel Number
189000-0140
Land Assessment
$2,632,258 CAD
Improvements Assessment
$1,284,056 CAD
Total Assessment
$3,916,314 CAD
  • Listing ID: 40045739

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 300 NE 45th St, Seattle, WA 98105

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