1411 N 45th St, Seattle, WA 98103

NNN Retail · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: freestanding restaurant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 1,026 reachable nnn retail buildings in Seattle. Larger than 28% of nnn retail buildings in Seattle (median 5,208 SF), derived from assessor records.

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Building size: 3,200 SF, King County Assessor
Lot size: 3,563 SF, King County Assessor
Year built: 1934, King County Assessor
Stories: 1, King County Assessor
Predominant use: Converted Residence, King County Assessor
Assessed value: $1,600,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $500/SF, derived from assessor records
Lot coverage: 90%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC2-55 (M), King County
County use code: Restaurant/Lounge
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): corner, AI estimate from public imagery

Nearby comparable buildings

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

1420 N 45th St, Seattle · 0.1 mi · 1,861 SF · built 1968 · assessed $3,163/SF
1612 N 45th St, Seattle · 0.1 mi · 3,220 SF · built 1910 · assessed $397.27/SF
1715 N 45th St, Seattle · 0.2 mi · 5,016 SF · built 1929 · assessed $330.44/SF
1910 N 45th St, Seattle · 0.3 mi · 4,650 SF · built 1923 · assessed $371.74/SF
1920 N 45th St, Seattle · 0.3 mi · 4,650 SF · built 1927 · assessed $353.12/SF
1916 N 45th St, Seattle · 0.3 mi · 5,330 SF · built 1916 · assessed $361.07/SF

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Sale history and market context

MakeMe Estimate: $1,756,603 (estimated market value), with a likely range of $1,467,468 to $1,990,215 (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: 2022-03-03 for $1,700,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-03-03: $1,700,000 from Mandalay Investments LLC to 88 Investments LLC, rec. 20220304001133

2006-08-09: transfer from Private party to Mandalay Investments LLC (non-market transfer), rec. 20060810001942

1994-03-09: $150,000 from Private party to Private party, rec. 199403101826

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 $524,100 (2011) to $1,600,000 (2026), up 205% over 15 years, per county tax rolls. The 2026 roll splits $1,600,000 into $1,175,700 land and $424,300 improvements.

Zoning: NC2-55 (M) (per King County)

Lot: 3,563 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Restaurant, Table Service 1,280 SF; Basement, Unfinished 960 SF; Office Building 960 SF (county building sections)

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