Owner Financed Properties For Sale

Kennewick Village

Owner Financed Property
Mixed Types for Sale
$13,675,400 CAD
7 Properties | Mixed Types

Kennewick Portfolio of properties for Sale

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale Kennewick Village, a value-add retail shopping center located in rapidly growing Kennewick, WA. The property is 99% occupied and is spread across 11 tax parcels in four sections along Hwy 395, Vista Way, and W Bruneau Pl. Over 51% of the GLA of the property is operating on month-to-month Modified Gross leases with the majority of remaining tenants operating on short-term leases with no options. The average base rent at the property is currently $11.23/SF MG, with market rents achievable in the $13-$15/SF NNN range, providing an investor with the opportunity to increase their cap rate to above a 10% cap rate through rent increases and converting lease types to NNN. The Seller is willing to provide attractive seller financing at a 4.00% interest rate with a 70% loan-to-value and a 5-year term, providing a cash-on-cash return of 11.22% in Year 1. The eleven separate tax parcels enable a parcelization strategy for enhanced returns, while a cost segregation study projects $2.1+ million in first-year bonus depreciation benefits. Over 50% of the GLA is leased by tenants that have been at the property for over 5 years, showing strong commitment to the site. The property is located across the street from Highlands Center (top 7% nationally, 1.4M annual visitors, per Placer.ai) and Kennewick Plaza (top 4% nationally, 1.8M annual visitors, per Placer.ai) providing continuous traffic flow. The property is grocery anchored, providing a consistent customer draw, and is occupied with a mix of grocery, restaurant, service and daily needs retailers offering a diversified income stream. The Property is located on Hwy 395 (35,700+ VPD) and near both W Clearwater Ave (22,000+ VPD) and SR 240 (44,000+ VPD), providing easy access to the property and excellent visibility. Within a 5-mile radius, the population has increased by nearly 5.5% since 2020 and houses roughly 175,000 residents, with the population projected to grow another 7.9% in the next five years. Washington State offers the added benefit of being an income tax free state, enhancing investor returns and providing a tax efficient investment environment.

Contact:

Marcus & Millichap

Property Subtype:

Mixed Types

Date on Market:

2025-11-05

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2310 Terrace Heights Dr

Yakima, WA 98901

Owner Financed Property
Flex for Sale
$1,264,975 CAD
2,966 SF

24 Hour Access

Yakima Flex for Sale - Outlying Yakima County

SELLER FINANCING AVAILABLE! The property is zoned M9 and offers excellent function and flexibility across its fully fenced front and back yards, complete with a secured front gate and generous gravel parking. Security and access are strong across the site, supporting both commercial and residential uses. The main commercial building, located at the rear of the property, was built in 1981 and totals approximately 2,400 square feet. It includes a large open area, 16 potential dog kennels with individual exterior access doors, and two ten-foot grade-level doors for easy loading. Inside, you'll find a dedicated reception room, bathroom, and dog washroom. The building is climate-controlled with three wall-mounted air conditioning units and a heat pump. The separate shop and industrial space, built in 1994, offers approximately 1,400 square feet (35' x 40') with two 12-foot grade-level doors for convenient access. This building includes its own dedicated heating, making it suitable for year-round operations. There are also three residential structures on the property. The house located directly behind the shop is approximately 1,044 square feet, built in 1935, and features two bedrooms, two bathrooms, a covered porch, one wall A/C unit, and a heat pump. The front house is the largest, offering three bedrooms, two bathrooms, and roughly 1,953 square feet, built in 1973. The middle house, built in 1953, includes one bedroom and one bathroom and serves as a flexible additional living or rental unit.

Contact:

Keller Williams Yakima Valley

Date on Market:

2025-10-28

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More details for 208 N H St, Aberdeen, WA - Office for Sale

Rosevear Building - 208 N H St

Aberdeen, WA 98520

Owner Financed Property
Office for Sale
$444,451 CAD
1,808 SF

Aberdeen Office for Sale

This versatile two-story commercial building offers approximately 1,808 sq. ft. of space in a visible downtown location. The main level is currently a stylish hair salon and could be used for a variety of business uses. The upper level features a well-maintained 2-bedroom, 1-bath apartment, perfect for owner occupancy or additional rental income. This property features an attached one-car garage, seven dedicated parking stalls on the side of the building, and ample street parking nearby. The building was reroofed in 2023, and the exterior was repainted in 2025. The hair salon is currently on a month-to-month lease, and the apartment is vacant. The building was formerly used as an engineer’s office and offers flexible use options—ideal for a single tenant, multiple tenants, or as a live/workspace. Owner financing available.

Contact:

Windermere Real Estate/Aberdeen

Date on Market:

2025-10-23

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More details for 1502 Kagley Way, Zillah, WA - Land for Sale

1502 N. Kagley Wy Zillah, WA - 1502 Kagley Way

Zillah, WA 98953

Owner Financed Property
Land for Sale
$659,887 CAD
2.11 AC Lot

Zillah Land for Sale - Outlying Yakima County

THIS OFFERING is for the opportunity to purchase a commercially zoned site at an affordable price per square foot. Located near the heart of downtown Zillah with more than 600-feet of frontage along S 1st Ave, Zillah’s primary commercial arterial, the property is suitably zoned and located for a variety of commercial uses including, but not limited to, office, medical, retail, warehouse or mini-storage, etc. Water is available along S 1st Ave while sewer is approximately 80-feet away on Kagley Way, however, buyer is to satisfy themselves as to the availability and capacity of utilities.

Contact:

Almon Commercial Real Estate

Property Subtype:

Commercial

Date on Market:

2025-10-14

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More details for 11319 W Jake Ln, Airway Heights, WA - Industrial for Sale

Bldg 113 - 11319 W Jake Ln

Airway Heights, WA 99001

Owner Financed Property
Industrial for Sale
$1,504,294 CAD
7,200 SF

Airway Heights Industrial for Sale - West Plains

7200 sf Warehouse with office and yard for sale. Owner financing available.

Contact:

Airways Industrial Park

Property Subtype:

Warehouse

Date on Market:

2025-09-25

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More details for 411 2nd Ave Ext S, Seattle, WA - Retail for Sale

Color One Building - 411 2nd Ave Ext S

Seattle, WA 98104

Owner Financed Property
Retail for Sale
$3,008,588 CAD
6,440 SF

Seattle Retail for Sale - Pioneer Square/Waterfront

*SELLER FINANCING IS AVAILABLE. Opportunity to acquire a piece of history in Pioneer Square. This 2-story 6,440 SF retail/office building was built just after the Seattle Fire in 1889. One of the early tenants of the building was Wyatt Earp the notorious Wild West lawman who took part in the famous gunfight at the O.K. Corral. It’s also been a theatre, dancehall and previously a photo lab. The property is located approx. 3 minutes from Link Light Rail Station, Ferry Terminal, Union Station, Lumen Field, T-Mobile Park, I-5, and I-90. The property also provides excellent signage opportunity as there is approximately 11,644 cars per day on 2nd Ext. S. This building offers easy access and transportation for employees and customers.

Contact:

Cannon Commercial Real Estate Services

Property Subtype:

Storefront

Date on Market:

2025-09-17

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113 6th St

Lynden, WA 98264

Owner Financed Property
Industrial for Sale
$2,735,080 CAD
12,490 SF

Lynden Industrial for Sale

Unique office/industrial property located on the corner of 6th Street and Grover in Lynden, and only a block from Front Street. The entire property features a blend of office, warehouse, and mezzanine, plus off-street parking. Partitioned offices, conference room, cubicles, and reception make up the main office area with nice storefront windows. Warehouse space with work areas, storage, grade door, additional mezzanine, and lots of power to meet your needs. This property is three legal parcels: option to buy exclusively industrial or a blend of office/industrial to fit your needs.

Contact:

Muljat Group Commercial

Property Subtype:

Warehouse

Date on Market:

2025-08-26

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More details for 1213 Cascade Dr, Twisp, WA - Industrial for Sale

Cascade Building - 1213 Cascade Dr

Twisp, WA 98856

Owner Financed Property
Industrial for Sale
$1,907,718 CAD
9,400 SF

Twisp Industrial for Sale

Currently lease expires the end of March 26 the current through that period is $7000 per month. There are 9 separate units plus extensive covered parking within the 1.5 acre covered compound to generate additional revenue which has lots of potential to significantly increase revenue by renting them individually.There is also Owner financing available with a reasonable down a and interest only at 5% for 3 years. Call me for details John Mc Namara 509 322 1402. This is a unique property in a unique area ,basically a private compound staging area with commercial kitchen and a 12 ft walk in cooler.It was used as a staging area over the years in the NorthWest to support large scale forest service fire camps. The lease rate could generate much higher revenue by individually leasing out the 9 separate units and renting outside covered storage inside the 1.5 ac compound. Its also ideal for a large government or non government enity who needs large scale indoor and out door storage at a reasonable price.These large scale properties are rarely available.

Contact:

CastleRock International LLC

Property Subtype:

Warehouse

Date on Market:

2025-07-23

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1214 S 6th St

Yakima, WA 98901

Owner Financed Property
Retail for Sale
$615,393 CAD
3,680 SF

Yakima Retail for Sale - Greater Yakima

Turnkey Restaurant & Sports Bar - El Parian | Seller Financing Available Welcome to El Parian, a fully equipped and ready-to-operate restaurant and sports bar! This spacious 3,680 sq ft building sits on a 0.35-acre fully fenced lot and offers over 40 asphalt parking spaces. Inside, you'll find a fully functioning commercial kitchen, men's and women's restrooms, a 147-person max occupancy, two pool tables, dining tables, chairs, and more everything you need to open immediately. Perfect for an owner-operator or investor, this turnkey opportunity is eligible for seller financing. Don't miss your chance to own a high-capacity hospitality space with strong potential. It is zoned General Commercial GC.

Contact:

Exp Realty Washington

Property Subtype:

Bar

Date on Market:

2025-07-18

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4916-4926 N Market St

Owner Financed Property
Retail for Sale
$1,092,664 CAD
15,450 SF
2 Retail Properties

Spokane Portfolio of properties for Sale - SE North Metro

<br>The property consists of two connected parcels with two connected buildings located at 4916-4926 N. Market St. (Spokane, WA 99217) in the heart of the Hillyard Business District. Combined, this is the largest storefront space, and considered the 'anchor' store of the area. The property offers approx. 6000 SF of connected first floor retail space with over 120 ft of Storefront (the majority of it glassed) on the SE corner of N. Market and E. Olympic, with approx. 5500 SF of Basement space below accessed by 3 stairwells and 2 (out of operation) elevators. The approx. 3500 SF upstairs is currently configured as a 3000+ SF 5bed/2Bath apartment plus a small separate studio apartment and additional storage rooms. This layout makes for an excellent live-onsite owner-operated retail business property. The building was originally configured as 4 separate retail spaces below, each with their own basement storage, plus (6) 1bed/1bath apartments above, and should it be returned to a similar layout could become an investment rental property providing up to 10 separate income streams. North Market and North Haven Streets combined is a heavily travelled N/S corridor through the East side of Spokane. The property is located 3 blocks away from the Wellesley Exit of the Hwy 395 North Spokane Corridor so, with proper signage and advertising, is easily available from most anywhere. An access point to the 'Children of the Sun' walking/biking trail is right behind the building. The neighborhood offers a variety of small retail shops, restaurants, churches, parks, has a rich Railroad and Antiques history, and is on the route of the 113 year old Hillyard Ji-Jinx Parade. Building is being sold by owner in AS-IS condition on a cash-out basis with no seller financing offered. There are no current tenants as the building has only been occupied by the owners' family as a live-onsite owner-operated retail business. See our website for additional information and interior photos at www.OBrienUsedFurniture.com/Building-For-Sale Contact: Robert & Lisa O'Brien at (509) 768-0436

Contact:

O'brien Used Furniture

Date on Market:

2025-07-07

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More details for 1423 NW 60th St, Seattle, WA - Multifamily for Sale

Ballard 5 - 1423 NW 60th St

Seattle, WA 98107

Owner Financed Property
Multifamily for Sale
$2,317,980 CAD
5,658 SF

Seattle Multifamily for Sale - Ballard/U Dist

Owner Financing available with 30% down and 5% Interest Only. Do not Disturb Tenants. • Built in 1976 - Well-Maintained, Pride of Ownership • All Large 2BD/1BA Units (954 SF Average) • Owner Financing (30% Down, 5% Interest Only) • Copper Plumbing • Blocks to Future Light Rail Station (2039) • 10 Tandem Parking Spots • Double Pane Vinyl Windows • Large 5,000 SF Lot (LR3 Zoning) • Low Maintenance Marble Crete Siding • Units Feature Balconies / Patios • Nicely Landscaped Yard Area for Tenant Use

Contact:

Westlake Associates, Inc.

Property Subtype:

Apartment

Date on Market:

2025-07-02

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More details for 6915 Evergreen Way, Everett, WA - Retail for Sale

High Traffic Retail - 6915 Evergreen Way

Everett, WA 98203

Owner Financed Property
Retail for Sale
$1,844,811 CAD
2,923 SF

Everett Retail for Sale - S Everett/Harbor Point

POSSIBLE OWNER FINANCING!! Prime opportunity in the high-traffic Madison area of Everett! This two-parcel commercial property offers a combined 2,923 SF—2,139 SF of tenant-occupied retail space up front and a 784 SF vacant office building in back. Both spaces feature separate access and ample parking with 27 total spaces on a shy half-acre lot. Current rents are below market, presenting strong upside potential for investors or owner-users. Great visibility near Madison & Evergreen intersection ensures consistent exposure. Zoned for flexible use with strong growth potential. Showings by appointment only—don’t miss out!

Contact:

John L. Scott Snohomish

Property Subtype:

Freestanding

Date on Market:

2025-06-26

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3315 N Tschirley Rd

Spokane Valley, WA 99216

Owner Financed Property
Flex for Sale
$3,008,588 CAD
11,700 SF

Spokane Valley Flex for Sale - Valley

Seller financing available! Very hard to find industrial property in the Spokane Valley with 11,700 ft.² of shop space including 2-3 private offices and almost 2 acres of land with plenty of room to expand. It also includes a small house that is great for a rental or convert to an office. Oversized ground level doors and loading dock as well. Located just a few blocks from the Amazon distribution center.

Contact:

Avalon 24 Real Estate

Date on Market:

2025-06-25

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More details for 1007 Montgomery ave, Spokane, WA - Land for Sale

Monroe Street Triplexes and Development Site - 1007 Montgomery ave

Spokane, WA 99205

Owner Financed Property
Land for Sale
$1,504,294 CAD
0.43 AC Lot

Spokane Land for Sale - SW North Metro

SVN Cornerstone is pleased to present the Monroe Street Triplexes and Development Site for sale, located at 1007 W Montgomery Ave in Spokane. This property is ideally situated in the vibrant Monroe District near a variety of amenities, including schools, restaurants, shopping, entertainment, and parks, making it an ideal location for developers, investors, and residents

Contact:

SVN | Cornerstone

Property Subtype:

Residential

Date on Market:

2025-06-24

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More details for 401 S 7th St, Sunnyside, WA - Retail for Sale

Valley Performing Arts Center - 401 S 7th St

Sunnyside, WA 98944

Owner Financed Property
Retail for Sale
$1,203,298 CAD
7,084 SF

Air Conditioning
24 Hour Access

Sunnyside Retail for Sale - Grandview/Sunnyside

Presenting a compelling opportunity for office and retail building investors, this property embodies timeless appeal and modern functionality. Boasting 7,084 square feet of versatile space, the building, renovated in 2018, offers a seamless blend of classic charm and contemporary convenience. Zoned B3, it caters to a diverse range of business needs, ensuring flexibility for potential tenants. Built in 1955, the property has been thoughtfully updated to accommodate modern requirements while preserving its original character. With its strategic location in Lower Yakima County, this prime asset presents an enticing prospect for investors seeking a well-appointed, adaptable space in a dynamic market. Possible seller financing for qualified buyers.

Contact:

SVN Cascades

Property Subtype:

Bank

Date on Market:

2025-06-12

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180 W Manor Rd

Shelton, WA 98584

Owner Financed Property
Specialty for Sale
$4,102,620 CAD
9,126 SF

Shelton Specialty for Sale

Attention Developers and Builders! This 9.5 acre property is zoned to allow permitted uses of schools, commercial day care center, church, recreation center, group home, cell tower and more. The building already in place is over 9,000 sq. ft. with a septic to accommodate 45 bdrms. Commercial grade well. Building is sprinkled. New roof. This property has been licensed and used as a group home and assisted living/retirement home in the past. Visible from the Olympic Coast Hwy. Owners are willing and able to entertain Owner Financing. Don't let this opportunity pass you. Investment Highlights Septic and well are equipped to accommodate 90 persons or more. 9+ acres, plenty room to grow. This property is a great candidate for a Senior care/assisted living. Currently the building is 24 rooms and 12 bthrms and has been licensed as a assisted living and retirement home. Also many other permitted uses

Contact:

The Muljat Group

Property Subtype:

Residential Income

Date on Market:

2025-05-31

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445 Barnard Blvd

Sunnyside, WA 98944

Owner Financed Property
Office for Sale
$1,087,194 CAD
5,040 SF

Sunnyside Office for Sale - Grandview/Sunnyside

SELLER FINANCING AVAILABLE!!!! 445 Barnard Blvd in Sunnyside, WA, this 5,040-square-foot commercial building offers a prime opportunity for specialized medical and diagnostic operations. Most recent use is a Bovine veterinarian clinic. Built in 2002 on a generous 1.4-acre lot, this single-story structure boasts a meticulously maintained layout perfectly suited for laboratory functions and offices It is set up with two front entrances which allow for the possibility of multiple tenants. Strategically located within Sunnyside’s commercial district, the property ensures seamless access to major transportation routes, including Interstate 82, facilitating efficient connectivity to surrounding areas. This presents an opportunity to purchase a nice building in the newer part of Sunnyside right next to the Port of Sunnyside offices.

Contact:

Keller Williams Yakima Valley

Date on Market:

2025-05-27

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More details for 4400 24th Ave W, Seattle, WA - Industrial for Sale

Magnolia Manufacturing Facility - 4400 24th Ave W

Seattle, WA 98199

Owner Financed Property
Industrial for Sale
$4,923,144 CAD
13,740 SF

Air Conditioning
Security System
24 Hour Access
Reception
Wheelchair Accessible
Smoke Detector

Seattle Industrial for Sale - Queen Anne/Magnolia

13,740 SF manufacturing building for sale in the Interbay/Fisherman's Terminal area of the Magnolia neighborhood. This well-built manufacturing and fabrication facility is partially sprinklered and features loads of 3-phase power on every wall, a paint spray booth, air lines, 2 loading docks, 2 levels of clear span warehouse space with concrete floors on both levels, interior loading potential with a 2-ton crane, 6 restrooms, shower, a handful of private offices, reception area, break/lunch room and off-street parking. 10,780 SF lot zoned MML U/65. Great location close to Fisherman's Terminal, Vertical World Climbing Gym, Discovery Park, Ballard Locks and lots of breweries & restaurants. Excellent opportunity for an owner-user or investor who realizes the value in the dwindling supply of in-city stand alone fabrication and manufacturing facilities. Seller Financing available for well qualified buyers.

Contact:

Windermere Commercial

Property Subtype:

Manufacturing

Date on Market:

2025-05-14

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3307 NE 109th Ave

Vancouver, WA 98682

Owner Financed Property
Industrial for Sale
$1,353,865 CAD
3,000 SF

Vancouver Industrial for Sale - Orchards

This exceptional flex building is ideal for contractors or any industrial/manufacturing users. The 0.72 acre property is zoned light industrial (LI) and has a main building, garage, and stand-alone shop. It is positioned in a highly sought-after area of Vancouver, WA, and presents a compelling investment opportunity for development on the excess land area.

Contact:

Macadam Forbes, Inc.

Date on Market:

2025-04-29

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1063 Beach Ave

Marysville, WA 98270

Owner Financed Property
Industrial for Sale
$1,299,163 CAD
6,721 SF

Security System
24 Hour Access
Smoke Detector

Marysville Industrial for Sale - N Snohomish County

12/3/25: Business owner has retired. Barnes Wood closed 10/31/25. All equipment is to be auctioned in mid-January 2026. Owner financing may be available for this property. Industrial Property w/ Warehouse, Yard, Office & Apartment – 6,712 SF 1063 Beach Ave, Marysville, WA 98270 | Snohomish County Zoned Downtown Commercial Unlock flexibility and income potential with this 6,712 SF industrial building on 0.39 acres, located in the heart of Marysville’s Downtown Commercial zone—part of the city’s long-range Master Plan The property includes a 5,584 SF warehouse/shop with (2) grade-level roll-up doors, 9’6” clear height, a commercial paint booth, and 600 amps of 3-phase power (3 x 200A panels). Interior buildout features a 240 SF office and an 888 SF 1-bedroom/1-bath apartment, ideal for live/work use or rental income. Key Highlights: ±5,000 SF secure fenced yard 10+ parking stalls (front & yard access) Sprinklered warehouse Fire hydrant onsite Underground stormwater system Warehouse heat: (2) Reznor gas units Apartment/office: gas forced air Strategic Location: Exceptional access to I-5, Hwy 529, and SR-531. Minutes from Boeing, Amazon, aerospace, medical, and port logistics hubs. Perfect For: Trades, fabrication, and logistics companies Owner-users seeking flexible industrial use Investors interested in mixed-use income Contractors needing on-site storage, shop space, and yard Equipment available separately.

Contact:

Windermere Real Estate M2, LLC

Property Subtype:

Warehouse

Date on Market:

2025-04-25

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537 14th St

Longview, WA 98632

Owner Financed Property
Retail for Sale
$681,035 CAD
4,998 SF

Longview Retail for Sale - Cowlitz County

Discover the perfect fusion of comfort and functionality in this impressive two-story commercial property, offering 5,050 square feet of versatile space. Ideally zoned for Mixed Use Commercial/Industrial, this rare opportunity is suited for a variety of business models whether you're seeking a dynamic live-work setup, showroom, office space, or a production-ready workshop. The spacious ground floor spans approximately 3,900 square feet and features a welcoming reception area with counter, a dedicated showroom, one private office, a large open shop or working space, and a private restroom. A 12-foot-high bay door at the rear provides convenient alley access perfect for deliveries or flexible workspace needs. The fully equipped kitchen with a commercial hood system adds extra potential for food-related businesses or multi-purpose use. Upstairs, you'll find 1,150 square feet of comfortable, light-filled space including two private offices or bedrooms, a full bath, and a floating deck ideal for enjoying a break or hosting informal meetings. Whether you envision upper-level offices or stylish living quarters, this layout adapts to your needs. Conveniently located just minutes from the freeway in a high-demand area, this property offers both visibility and accessibility. Don’t miss this unique chance to elevate your business with a space that offers it all functionality, flexibility, and room to grow.

Contact:

Woodford Commercial Real Estate

Property Subtype:

Storefront

Date on Market:

2025-04-22

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More details for 925 40th Street, Auburn, WA - Land for Sale

RES / COML MIXED USE SITE ZONED R-MN - 925 40th Street

Auburn, WA 98002

Owner Financed Property
Land for Sale
$3,042,777 CAD
1.89 AC Lot

Auburn Land for Sale - Federal Way/Auburn

SELLER FINANCING AVAILABLE. SEWER EXTENSION TO PROPERTY RECENTLY COMPLETED. ALL UTILITIES TO SITE. PRISTINE SITE WITH NO REMEDIATION NEEDED. LAND LEASE COULD BE CONSIDERED. SELLER IS RETIRED DEVELOPER WHO SIMPLY NEEDS TO CREATE A STREAM OF INCOME FROM THIS ASSET AFTER 25 YEARS HOLDING AND RE-ZONING FOR THE HIGHEST AND BEST USE. MAY CONSIDER PARTIAL TRADE FOR OTHER REAL PROPERTY. SUBMIT YOUR QUESTIONS/PROPOSALS TO OWNER/BROKER BRAD HUGHES AT 775-315-1235 to: LABRADORLAND@AOL.COM or CRAIG MILLSPAUGH AT 847-322-3622 to: CRAIG.MILLSPAUGH@YAHOO.COM. IDEAL SITE FOR: ASSISTED LIVING CENTER, PRIVATE SCHOOL, SMALL HI-TECH CAMPUS, I.T. SERVICE OR COMMUNICATIONS FACILITY, RESEARCH LABRATORY. CITY OF AUBURN VERY WILLING AND AGGRESIVE TO EMBRACING CLEAN INDUSTRY AND HEALTH AND EDUCATIONAL BUSINESSES. CAN ALSO BE MIXED USE RESIDENTIAL/RETAIL/COMMERCIAL.

Contact:

Brad Hughes

Property Subtype:

Commercial

Date on Market:

2025-04-15

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914 Citadel Dr

Everson, WA 98247

Owner Financed Property
Office for Sale
$7,179,585 CAD
20,400 SF

Everson Office for Sale

Class A Mixed-Use Property for Sale. This Class A multi-family and office space is ideally situated adjacent to the Raspberry Ridge Golf Course. Tenants will enjoy a diverse selection of nearby restaurants and services in the adjacent retail spaces, creating an inviting and vibrant atmosphere. Key Features:- Fully Occupied: 100% tenant occupancy ensures a stable and reliable income stream- Strong Tenant Mix: A well-balanced and desirable mix of tenants- Ample Parking: Generous parking spaces available for both tenants and visitors- Well Maintained: Beautifully landscaped and meticulously maintained for a polished, professional environment. This is a prime opportunity for investors seeking versatile property in a desirable location. Owner Financing Possible.

Contact:

Windermere R.E./Camano

Property Subtype:

Office/Residential

Date on Market:

2025-04-07

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More details for 1214 N 137th St, Seattle, WA - Multifamily for Sale

Dynasty Manor - 1214 N 137th St

Seattle, WA 98133

Owner Financed Property
Multifamily for Sale
$3,760,735 CAD
8,965 SF

Seattle Multifamily for Sale - Northgate/N Seattle

Berkadia Seattle presents Dynasty Manor, a 12-unit multifamily property in North Seattle minutes from the Northgate Light Rail Station, the $80 million headquarters and practice facility for the Seattle Kraken, and the redevelopment underway at Northgate Mall. Located less than 10 miles from downtown, the property provides easy access to a variety of retail and lifestyle amenities, as well as numerous employment opportunities throughout the Puget Sound. Built in 1988 and recently renovated, Dynasty Manor is comprised of one four-story building with a unit mix of one- and two-bedroom units averaging 754 square feet. While most units have been partially upgraded over the last few years, new ownership will have the opportunity to implement a value-add program to upgrade the remaining classic units and further upgrade the partially renovated units as well. With in-place rent $130 below market rate on average, Dynasty Manor provides the ideal opportunity to acquire a well-maintained asset poised to benefit from the rapidly expanding economic drivers of the Puget Sound. Strong Submarket Fundamentals: As of Q2 2025, the average effective rent in the North Seattle submarket is $1,926 per month, representing a 180-basis point growth year-over-year; similar occupancy rose 1.8% over the same span to 95.9%. Significant Cap Ex Invested: Current ownership has invested over $200,000 in the past year, including $155,000 on new exterior siding and decks, plus $50,000 in interior unit upgrades; an expanded interior renovation scope will generate additional rental premiums. Competitive Pricing: New asking price of $2,750,000 delivers a 6.11% T-12 cap rate and 6.70% as-is proforma cap rate. Attractive Seller Financing: Ownership is offering favorable financing terms generating 12% cash-on-cash returns from day one, with 70% LTV, 5% interest-only payments, and 5-year term.

Contact:

Berkadia

Property Subtype:

Apartment

Date on Market:

2025-03-12

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