1232 Westlake Ave N, Seattle, WA 98109

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: restaurant building. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 82% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 15,606 SF, King County Assessor
Lot size: 30,790 SF, King County Assessor
Year built: 1946, King County Assessor
Stories: 3, King County Assessor
Predominant use: Restaurant, King County Assessor
Assessed value: $8,077,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $517.56/SF, derived from assessor records
Lot coverage: 51%, derived from assessor records
Vintage: 1940s vintage
Zoning: C2-40, King County
County use code: Restaurant/Lounge
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1001 Westlake Ave N, Seattle · 0.2 mi · 19,647 SF · built 1920 · assessed $248.37/SF
1601 Dexter Ave N, Seattle · 0.2 mi · 4,000 SF · built 1977 · assessed $470.88/SF
731 Westlake Ave N, Seattle · 0.3 mi · 26,300 SF · built 1921 · assessed $289.29/SF
901 Fairview Ave N, Seattle · 0.4 mi · 55,881 SF · built 1988 · assessed $587.56/SF
825 Taylor Ave N, Seattle · 0.4 mi · 6,720 SF · built 1924 · assessed $409.24/SF
720 Taylor Ave N, Seattle · 0.4 mi · 5,208 SF · built 1985 · assessed $910.23/SF

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Sale history and market context

MakeMe Estimate: $7,789,888 (estimated market value), with a likely range of $6,507,681 to $8,825,872 (half of recent verified sales in this segment landed inside that range). Based on 152 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2002-09-03 for $1,789,545 (recorded arm's-length sale).

Current ownership dates to 2002 (about 24 years) per recorded transfers.

2002-09-03: $1,789,545 from Fisher Media Services Company to Rwe Family LLC, rec. 20020905000211

2002-08-08: transfer from Fisher Properties INC to Fisher Media Services Company (part of a 4-parcel sale; price is the whole deal), rec. 20020820001306

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $3,283,700 (2011) to $8,077,100 (2026), up 146% over 15 years, per county tax rolls. The 2026 roll splits $8,077,100 into $1,565,200 land and $6,511,900 improvements.

Zoning: C2-40 (per King County)

Lot: 30,790 sq ft

Waterfront: 100 ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Restaurant, Table Service 13,389 SF; Warehouse Office 2,217 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)