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The Fisheries Bldg at Salmon Bay 4241 21st Ave W

3,468 SF of Office Space Available in Seattle, WA 98199

Highlights

  • 96% leased remodeled office building with ample off-street parking
  • Excellent views and location close to Vertical World Climbing Gym, Discovery Park & Fisherman's Terminal
  • 23+ off-street parking spaces including 8 covered parking and guest parking
  • Actual in-place cap rate of 5.3%with below market rents and current vacancies
  • Updated building systems and building amenities include a common conference room and kitchenette, shower facilities, bike storage/parking
  • Excellent views and location close to Vertical World Climbing Gym, Discovery Park & Fisherman's Terminal

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 2nd Floor, Ste 204
  • 3,468 SF
  • Negotiable
  • $28.35 CAD/SF/YR $2.36 CAD/SF/MO $305.15 CAD/m²/YR $25.43 CAD/m²/MO $8,193 CAD/MO $98,316 CAD/YR
  • Office
  • Full Build-Out
  • Now

2nd floor corner office suite for lease in a well-maintained and remodeled office building. The Suite features a welcoming reception area, large open work areas, multiple private offices, tons of natural light and views of the Ship Canal and Fisherman's Terminal. Building features include a secured lobby entrance, building conference room, kitchenette, shower facility and bike storage. Excellent location close to Vertical World Climbing Gym, Discovery Park, and across the street from Fisherman's Terminal.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 1 Conference Room
  • Central Air Conditioning
  • Kitchen
  • Print/Copy Room
  • Natural Light
  • Shower Facilities
  • Natural Light
  • Large Open Work Areas
  • Fully Built-Out as Standard Office
  • 7 Private Offices
  • Space is in Excellent Condition
  • Reception Area
  • Elevator Access
  • Fully Carpeted
  • Bicycle Storage
  • Reception Area
  • Views of Fisherman's Terminal & Ship Canal
  • 7 Private Offices
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 204 3,468 SF Negotiable $28.35 CAD/SF/YR $2.36 CAD/SF/MO $305.15 CAD/m²/YR $25.43 CAD/m²/MO $8,193 CAD/MO $98,316 CAD/YR Office Full Build-Out Now

2nd Floor, Ste 204

Size
3,468 SF
Term
Negotiable
Rental Rate
$28.35 CAD/SF/YR $2.36 CAD/SF/MO $305.15 CAD/m²/YR $25.43 CAD/m²/MO $8,193 CAD/MO $98,316 CAD/YR
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 204

Size 3,468 SF
Term Negotiable
Rental Rate $28.35 CAD/SF/YR
Space Use Office
Condition Full Build-Out
Available Now

2nd floor corner office suite for lease in a well-maintained and remodeled office building. The Suite features a welcoming reception area, large open work areas, multiple private offices, tons of natural light and views of the Ship Canal and Fisherman's Terminal. Building features include a secured lobby entrance, building conference room, kitchenette, shower facility and bike storage. Excellent location close to Vertical World Climbing Gym, Discovery Park, and across the street from Fisherman's Terminal.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 7 Private Offices
  • 1 Conference Room
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Reception Area
  • Kitchen
  • Elevator Access
  • Print/Copy Room
  • Fully Carpeted
  • Natural Light
  • Bicycle Storage
  • Shower Facilities
  • Reception Area
  • Natural Light
  • Views of Fisherman's Terminal & Ship Canal
  • Large Open Work Areas
  • 7 Private Offices

Property Overview

96% leased remodeled office building with ample parking, This 4-story office building features a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or an owner-user to acquire an updated property with stabilized income from long-term tenants with below market rents. The current cap rate with in-place below market rent and vacancy is 5.30%. Cap rate increases to over 8% once 3 small suites are leased. Please don't disturb current tenants.

  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Signage
  • Skylights
  • Kitchen
  • Accent Lighting
  • Storage Space
  • Demised WC facilities
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Plug & Play
  • Shower Facilities
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1979/2015
Building Height
4 Stories
Building Size
20,778 SF
Building Class
B
Typical Floor Size
5,195 SF
Unfinished Ceiling Height
11’
Parking
15 Surface Parking Spaces
8 Covered Parking Spaces
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32236352

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 4241 21st Ave W, Seattle, WA 98199

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