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Investment Highlights

  • Highly visible, upgraded 4000+ sqft office building - perfect for owner-occupant
  • Bonus SWIMMING POOL!
  • Immediate cash-flow from the NNN-leased upstairs tenant

Executive Summary

Rare opportunity to own a highly visible, upgraded 4,000+ square foot two-story office building on Aurora Avenue North, featuring an incredible indoor swimming pool asset. This property is tailor-made for an owner-occupant looking to anchor their business on the main floor while enjoying immediate, stable cash flow from the NNN-leased upstairs tenant secured on two 3-year terms, or buy as an investment with a 5.48 cap rate. Capital improvements offer peace of mind and maximum efficiency, including a solar panel system, electric car charging, a brand-new HVAC system, professional video surveillance system, and beautifully refreshed exterior landscaping. Absolute comfort and quiet are guaranteed by massive 1-inch-thick, argon-filled Sound Control Glassing windows boasting a 0.27 U-factor and 3.7 R-value—nearly double local building code standards. Previously fully occupied, the owner intentionally vacated the main floor to accommodate a seamless transition for the next buyer. Complete with private parking for 3+ vehicles and other off street parking, this premier high-visibility location perfectly balances excellent location, energy efficiency and reliable commercial income. In addition the building offers stunning views of downtown Seattle, The Cascade Mountains and Mt Rainier.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $171,342 $82.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $171,342 $82.77
Taxes $17,079 $8.25
Operating Expenses - -
Total Expenses $17,079 $8.25
Net Operating Income - -

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $171,342
Annual Per SF $82.77
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $171,342
Annual Per SF $82.77
Taxes (CAD)
Annual $17,079
Annual Per SF $8.25
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $17,079
Annual Per SF $8.25
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $2,445,240 CAD
Price Per SF $587.80 CAD
Sale Type Investment or Owner User
Cap Rate 5.48%
Property Type Specialty
Building Class C
Lot Size 0.08 AC
Building Size 4,160 SF
No. Stories 2
Year Built/Renovated 1968/2000
Zoning C155 (M) - C155 (M)

Amenities

  • Fiber Optic Internet
  • Solar Panels
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
156310-0715
Land Assessment
$1,486,497 CAD (2025)
Improvements Assessment
$525,376 CAD (2025)
Total Assessment
$2,011,873 CAD (2025)
Annual Taxes
$17,079 CAD ($4.11 CAD/SF)
Tax Year
2026
  • Listing ID: 38470132

  • Date on Market: 2025-11-17

  • Last Updated:

  • Address: 4201 Aurora Ave N, Seattle, WA 98103

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