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3121 W Government Way
Seattle, WA 98199 Lawton Park

$428,000 USD

Apartments Condo For Sale  •  950 SF

Property Details

  • Property Type Apartments
  • Total Building Size 30,253 SF
  • Lot Size 0.2 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 6.67 %
  • Zoning NC140, Seattle
45 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Comm #1 Office/Retail 950 SF $428,000 USD
  • Unit Size: 950 SF
  • Condo Use: Office/Retail
  • Price: $428,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $450.53 USD
Description
Prime commercial condo at Atwater Park Condominiums in Magnolia, Seattle. Located on West Government Way—the retail district that marks the entrance to Discovery Park—this versatile space offers a light-filled floor plan ideal for office or retail use. Three dedicated parking spaces in the secured at-grade garage enhance accessibility. A contemporary interior, seamless access to major thoroughfares, and a welcoming community make this a rare and valuable opportunity. Not suitable for restaurants.

Sale Notes
Showing by appointment only contact friendly LA to schedule.	
Offers: Seller intends to review offers upon receipt	
Directions: From the Ballard bridge, go west on Emerson, right on Gilman Ave W which turns into W Government Way. AtWater building is on east side of street.

Description 

Located on West Government Way—the retail district that marks the entrance to Discovery Park—this versatile space offers a light-filled floor plan ideal for office or retail use. Three dedicated parking spaces in the secured at-grade garage enhance accessibility. A contemporary interior, seamless access to major thoroughfares, and a welcoming community make this a rare and valuable opportunity. Not suitable for restaurants.

Prime commercial condo at Atwater Park Condominiums in Magnolia, Seattle.

Highlights

3 secure at-grade parking stalls included in price! Ideal for Office location, Professional Serrvices
Natural Light, flexible distribution. Connection via condo building lobby (25 units) and directly to the street
Blocks from Discovery Park, attract neighbors and city visitors with wide exposure for your business

Property Flyers

Financial Summary

Cap Rate: 6.67 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
American Freestyle Alterations
Architect's Office
Magnolia Nail

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit) 18 min - 6.1 mi
AirportDriveWalkDistance
Seattle-Tacoma International 39 min - 19.2 mi
Seattle Paine Field International 43 min - 24.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Susi Musi 206-214-5468 Compass
Susi Musi 206-214-5468 Compass