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Seattle Infill IOS 401 S Webster St 23,281 SF Industrial Building Seattle, WA 98108 $5,510,000 ($236.67/SF)
INVESTMENT HIGHLIGHTS
- Strategic Supply Chain Location
- Fully Secured Yard
- Excellent Loading and Distribution Capability
- High Barrier to Entry
- Owner-User Or Investor Opportunity
- Zoning Flexibility
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the sale offering for Seattle 401 Webster, a securely fenced, 1.26 Acre site in one of the most active industrial markets in the nation. The 23,281 SF Warehouse features a functional office to warehouse ratio, with 4 Dock-High and 3 Grade-Level doors providing ample loading capacity for fast-paced industrial use.
The Offering's proximity to Rail, Air, and Maritime logistics routes provides businesses with unparalleled access. Less than half a mile from the convergence of SR-509 and SR-99, the location offers seamless connectivity to I-5, the Port of Seattle, and Sea-Tac International Airport. The designated MML U/85 zoning offers flexible light industrial entitlements while preserving long-term value in a highly supply-constrained market.
As remaining submarket vacancies continue to fill, Seattle 401 Webster offers an attractive opportunity for both Owner-Users and Investors seeking a well-located industrial asset in the Puget Sound Region.
The Offering's proximity to Rail, Air, and Maritime logistics routes provides businesses with unparalleled access. Less than half a mile from the convergence of SR-509 and SR-99, the location offers seamless connectivity to I-5, the Port of Seattle, and Sea-Tac International Airport. The designated MML U/85 zoning offers flexible light industrial entitlements while preserving long-term value in a highly supply-constrained market.
As remaining submarket vacancies continue to fill, Seattle 401 Webster offers an attractive opportunity for both Owner-Users and Investors seeking a well-located industrial asset in the Puget Sound Region.
PROPERTY FACTS
| Price | $5,510,000 | No. Stories | 1 |
| Price Per SF | $236.67 | Year Built | 1968 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.69/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.26 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 23,281 SF | ||
| Zoning | MML U/85 - Maritime Manufacturing and Logistics | ||
| Price | $5,510,000 |
| Price Per SF | $236.67 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.26 AC |
| Rentable Building Area | 23,281 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Tenancy | Single |
| Parking Ratio | 0.69/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | MML U/85 - Maritime Manufacturing and Logistics |
AMENITIES
- 24 Hour Access
- Signage
1 1
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 732790-5955 | Improvements Assessment | $687,100 |
| Land Assessment | $2,750,000 | Total Assessment | $3,437,100 |
PROPERTY TAXES
Parcel Number
732790-5955
Land Assessment
$2,750,000
Improvements Assessment
$687,100
Total Assessment
$3,437,100
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