300 Admiral WayEdmonds, WA 98020

Property Details for 300 Admiral Way

Year built

1985

Construction

WOOD

Property size (Sq ft)

20,741 SF

Zone code

CW

Property type

Office properties

Property subtype

Office buildings

APN

27032300401401

APU

27032300401401

Description

This exceptional single-tenant office space, totaling 488 square feet, is ideally situated in the vibrant downtown Edmonds waterfront district. The current configuration offers a versatile layout perfect for a small business or professional practice. Upon entering, you'll find a welcoming reception area, seamlessly flowing into an open workspace designed for optimal productivity and collaboration. A private office provides a quiet and secluded area for confidential meetings or focused work. Adding to the appeal is a private deck, offering stunning waterfront views and a tranquil outdoor space for breaks or informal meetings. The property is categorized as a traditional office space within a single-tenant building in Snohomish County. The building's total square footage is not currently specified. This location provides easy access to local amenities, restaurants, and transportation, making it an attractive and convenient option for businesses seeking a prestigious and functional workspace. The space is ready for immediate occupancy, offering a unique opportunity to establish a presence in a highly desirable waterfront location. This is an excellent opportunity for a business seeking a well-appointed and conveniently located office space with stunning views. The property is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $5,594,570

  6.5%

  $5,164,218

  7%

  $4,795,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,304,710

  Geo Method

  $3,994,302

• Alternative Use

  Use

  Valuation

  Residential

  $6,403,630

  Hospitality

  $5,865,691

  Educational

  $4,880,186

  Medical

  $5,048,023

  Retail

  $7,591,400

Location Insight

City

Edmonds

County

Snohomish

State

Washington

Latitude

47.8086

Longitude

-122.39

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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