3221 W McGraw Street Seattle, WA $ 2,800,000
3221 W McGraw Street
$ 2,800,000
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3221 W McGraw Street

Seattle, WA, 98199
$ 2,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,679

Listed by Windermere Real Estate Midtown
3221 W McGraw Street, Seattle, WA 98199 - Image 1
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Commercial Property for sale in Seattle, WA

for $2,800,000. This building was built in 1927 on a lot size of 0.1089.

Rare opportunity to acquire a multi-tenant commercial building in Magnolia Village -- a true micro-market where properties are owned for generations and seldomly sell. Located on the most coveted block in Magnolia Village, the property features incredible visibility with over 47 ft of frontage on West McGraw and 99 ft of frontage on 33rd Ave W. Two long-term tenants on NNN leases provides stable hands-off income. Magnolia Village Pub has a lease until 8/31/31 and Uptown Espresso is currently M-to-M. Potential for an owner-user to occupy the corner 1,518 SF space plus 2,350 SF in the basement for a total of 3,868 SF. Basement is sprinklered and water/sewer is sub-metered. Corner 4,743 SF street-to-street lot zoned NC2P-55 (M). Exceptional investment in one of Seattle's most affluent and desirable neighborhoods.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 21,348

Style

Retail

Lot Size

0.1089

Year Built

1927

Town/City

Seattle

County/Region

King

MLS | Web ID

2588466

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless
Cooling Ductless Forced Air
Possession Closing Subject To Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1927
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County King
Net Operating Income 130299
Insurance Expense 8500
Property Type Commercial Sale
HOA N
Subdivision Name Magnolia
Possible Use Business Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions On the corner of West McGraw St and 33rd Ave West
City Seattle
Senior Community Y/N N
Zoning Description Business Commercial Multi-Family Office Residential Retail
Number Of Units Total 2
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 4743
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 21348
Electric Expense 0
Fuel Expense 0
Public Remarks Rare opportunity to acquire a multi-tenant commercial building in Magnolia Village -- a true micro-market where properties are owned for generations and seldomly sell. Located on the most coveted blo
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Water Company SPU
Total Actual Rent 11847
Water Sewer Garbage 0
Property Style 75 - Retail
Cap Rate 4.65
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Exterior
Exterior Amenities Stucco Wood
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 47 x 99
Lot Size Acres 0.1089
Irrigation Water Rights Y/N N
Site Frontage 47
Lot Number Lot 5
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Interior
Flooring Ceramic Tile Concrete Vinyl Plank
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2588466
Street Number 1 3221
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* Excluded Features
List By
Lauren Hendricks

Listing Agent

Windermere Real Estate Midtown

Broker

laurenhendricks@windermere.com

Email

Affordability Calculator

$19,458
Per Month
91%
9%
0%
Monthly Principal & Interest
$17,679
Monthly Property Taxes
$1,779
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$2,800,000 Listed Price

Map


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3221 W McGraw Street, Seattle, WA, 98199 is a Commercial Property for sale at $2,800,000 with a lot size of 0.1089. 3221 W McGraw Street was built in 1927. The property's zip code is 98199 which is in Seattle, WA