$2,800,000
Est. $15,509/mo3221 W McGraw Street, Seattle, WA 98199
• Listed Oct 1, 2026•9 days active · 9 cumulative
Listing Broker: Windermere Real Estate Midtown; Lauren Hendricks; 206-999-9161; laurenhendricks@windermere.com
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Listing Broker: Windermere Real Estate Midtown; Lauren Hendricks; 206-999-9161; laurenhendricks@windermere.com
About this home
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.
Listed by Lauren Hendricks • Windermere Real Estate Midtown
Listing updated: October 1, 2026 at 04:26pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2588466
Around this home
How much should you offer?
3221 W McGraw Street, Seattle, WA 98199
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Retail
Flooring
- Ceramic Tile
- Concrete
- Vinyl Plank
Heating & cooling
- Ductless heating
- Ductless cooling
- Forced Air cooling
Schools
Ratings via SchoolDigger- Adams Elementary SchoolPublic · Grades K-5 · 2.4 mi · State rank 79 of 1,13810/10
- Aki Kurose Middle SchoolPublic · Grades 6-8 · 8.4 mi · State rank 266 of 5144/10
- Alan T. Sugiyama High SchoolPublic · Grades 9-12 · 9.9 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 9,400 sq ft
- Year built
- 1927
Parking & site
- Acres
- 0.11 acres
- Lot square feet
- 4,743 sq ft
- Zoning jurisdiction
- City
Income & lease
- Gross scheduled income
- $170,820
- Net operating income
- $130,299
- Cap rate
- 4.65%
- Total monthly triple net
- $2,388
- Square feet rented
- 5,256 sq ft
- Total expenses
- $31,980
Taxes & terms
- Annual taxes
- $21,348
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 3221 W McGraw Street
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 1, 2026ListedNWMLS via MLS Grid · #2588466$2,800,000
Mortgage payment forecast
$17,988 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Windermere Real Estate Midtown; Lauren Hendricks; 206-999-9161; laurenhendricks@windermere.com
Market pulse
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 43 days.
Recent sales nearby
Within 1 mile · last 6 months$995,000 Sold
6 days ago
2 bd•1.75 ba•~1,015 sq ft•Single Family
2629 34th Avenue W, Seattle, WA 98199
0%
Over list
8
Days on market
0.3 mi
Distance
$1,325,000 Sold
1 week ago
4 bd•2.25 ba•~2,390 sq ft•Single Family
2537 Montavista Place W, Seattle, WA 98199
0%
Over list
—
Days on market
0.3 mi
Distance
$3,200,000 Sold
1 week ago
6 bd•3.75 ba•~6,480 sq ft•Single Family
2409 29th Avenue W, Seattle, WA 98199
0%
Over list
2
Days on market
0.2 mi
Distance
$1,340,000 Sold
2 weeks ago
3 bd•2 ba•~3,360 sq ft•Single Family
2926 W Blaine Street, Seattle, WA 98199
1%
Under list
134
Days on market
0.3 mi
Distance
$2,300,000 Sold
2 weeks ago
3 bd•3 ba•~3,043 sq ft•Single Family
2449 43rd Avenue W, Seattle, WA 98199
0%
Over list
33
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 1, 2026 at 04:26pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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