James & Angie Smith

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Listing provided courtesy of Windermere Real Estate MidtownNWMLSas Distributed by MLSGrid- MLS# NWM2490213MLS Provider

407 W Galer StreetSeattle, WA 98119

Commercial · 0.04 Acres
$1,325,000 Pending Feasibility

407 W Galer Street Overview

Visits:
2

Rare opportunity to purchase a freestanding commercial retail building in a coveted top of Queen Anne location. Studs out remodel in 2007 including all new electrical, plumbing, HVAC & ADA ramp. The 2,086 SF building is currently configured as a Salon & Spa but the open floor plan makes it ideal for many different uses. The first floor is flooded by natural light from the floor-to-ceiling windows fronting West Galer St. and features a large reception/waiting area, 4 salon stations, hair washing space, kitchenette, W/D, storage & restroom. The 2nd floor has a quaint waiting nook, 5 private spa rooms, kitchenette, shower, W/D & restroom. Flexible NC2P-55 zoning allows for a variety of uses including retail, office, residential, etc. Leased to a single tenant on a NNN lease until 12/15/28. No option to extend the lease, but long-term tenant indicates they'd like to stay. Available for an owner-user to occupy upon lease termination, or continue collecting rent and the realizing the benefits of owning a hands-off investment property in an unbeatable location. Please don't disturb tenant.

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407 W Galer Street Facts & Features

  • Type Commercial
  • Lot 0.04 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Gross Scheduled Income: 80939
  • Insurance Expense: 1250
  • Net Operating Income: 68400
  • Total Expenses: 12539

Building Information

  • Year Built: 1914

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 700 - Queen Anne/Magnolia
  • Subdivision Name: Queen Anne

Tax Information

  • Tax Annual Amount: $11,289.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 1732801420
  • Possible Use: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 2086
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Travertine
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Dimensions: 30 x 58
  • Lot Size Square Feet: 1800
  • Lot Size Units: Square Feet
  • Site Frontage: 30
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Retail

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 1
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Unit Type: Retail
  • Actual Rent: 5700

407 W Galer Street Neighborhood

Community

98119 (SEATTLE) Demographics

34
Median Age
8,814
Population Density (per sq. mile)
81%
College Educated
$93,014
Estimated Median Income
5,636
Estimated Total Home Owners
8,126
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

407 W Galer Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

407 W Galer Street Market Data

Based on the last 30 days in this zip code

$1,068,169
Average List Price
$676
Average Price per Square Foot
23
Properties Sold
74
Average Days on Market
138
Properties for Sale
Calculations provided by Reliance Network

407 W Galer Street History

Date Event Value Agent
5/7/2026Source: NWMLS Status Change
Pending Feasibility
3/12/2026Source: NWMLS Added to Database
March 12, 2026