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Jewel Box Fremont Office 3625 Woodland Park Ave N 4,459 SF 100% Leased Office Building Seattle, WA 98103 $3,218,607 CAD ($721.82 CAD/SF)



Investment Highlights
- OWNER-USER OR INVESTMENT OPPORTUNITY
- BEST-IN-CLASS OFFICE FINISHES
- AMENITY RICH NEIGHBORHOOD
- DEDICATED ON-SITE PARKING
- LONG-TERM COVERED LAND VALUE
- SIGNIFICANT NEARBY DEVELOPMENT
Executive Summary
Team Vara is pleased to present Jewel Box Fremont Office, a 4,459 SF professional office building located just off Stone Way in one of Seattle’s most walkable commercial pockets (Walk Score 93). The property is fully leased to two tenants on staggered terms, providing near-term income and stability – while still offering a realistic path to future owner-user occupancy as leases roll or by utilizing Landlord-friendly lease termination rights.
The surrounding 1-mile trade area features a median household income of $147,887 – approximately 27% higher than Seattle’s average and nearly double the national average, supporting durable demand for professional and service-oriented users. While the site carries long-term redevelopment optionality, the building is prime for a savvy office investor or owner-occupant.
With income that supports a low-carry hold and a location that continues to benefit from Fremont’s depth of amenities and connectivity, Jewel Box Fremont Office offers a rare opportunity to secure an infill position in a supply-constrained, high-income submarket, with current cash flow and multiple exit paths over time.
The surrounding 1-mile trade area features a median household income of $147,887 – approximately 27% higher than Seattle’s average and nearly double the national average, supporting durable demand for professional and service-oriented users. While the site carries long-term redevelopment optionality, the building is prime for a savvy office investor or owner-occupant.
With income that supports a low-carry hold and a location that continues to benefit from Fremont’s depth of amenities and connectivity, Jewel Box Fremont Office offers a rare opportunity to secure an infill position in a supply-constrained, high-income submarket, with current cash flow and multiple exit paths over time.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,459 SF
Building Class
C
Year Built/Renovated
1970/2000
Price
$3,218,607 CAD
Price Per SF
$721.82 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,459 SF
Building FAR
0.68
Lot Size
0.15 AC
Zoning
NC2-75 (M1) - Neighborhood Commercial 2
Parking
10 Spaces (2.24 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (89)
Property Taxes
| Parcel Number | 182504-9050 | Improvements Assessment | $1,370 CAD |
| Land Assessment | $3,739,063 CAD | Total Assessment | $3,740,432 CAD |
Property Taxes
Parcel Number
182504-9050
Land Assessment
$3,739,063 CAD
Improvements Assessment
$1,370 CAD
Total Assessment
$3,740,432 CAD
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Jewel Box Fremont Office | 3625 Woodland Park Ave N
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