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2209 2nd Ave Seattle, WA 98121

2209 2nd Ave, Seattle, WA 98121, USA
$3,650,000.00

Description

This commercial real estate retail property is for sale. It is located in Seattle, WA and has a building size of 3,960 SF.

Investment or owner-user property in an unbeatable location! Currently 100% occupied with 3 retail tenants and 1 apartment unit. All retail tenant are on NNN leases with initial lease terms expiring summer of 2017/2018. Major rent upside or value add opportunity by converting the 2nd floor back to apartment units. Prime location in the heart of Belltown with 5 off-street parking spaces in rear of building off alley. Good site for development as the zoning allows for up to an 8-story building. This property offers endless possibilities — keep as an investment, add value by converting 2nd floor back to apartments or develop the lot with an office/retail/apartment/hotel/etc.

Located in the vibrant Belltown neighborhood of Downtown Seattle, the property is just a few blocks from the Pike Place Market and Seattle Waterfront.

Contact information:

Please contact Windermere Commercial – Lauren Hendricks for more information regarding this commercial real estate property at (206) 999-9161.

Busplex’s mission is to provide the best marketplace for selling and leasing commercial real estate properties for real estate companies, investors, and practically anyone interested in investing in commercial real estate, for FREE.

Disclaimer: if you would like to remove your commercial real estate property from our site or take full control of this listing, please send us email at properties@busplex.com with the url/link of the property requesting the action either remove or take full control action.

  • Address: 2209 2nd Ave, Seattle, WA 98121, USA
  • City: Seattle
  • State/county: Washington
  • Zip/Postal Code: 98121
  • Country: United States

Detail

Updated on February 23, 2017 at 5:59 am

  • Property ID: 3794
  • Price: $3,650,000.00
  • Property Size: 3960 SF
  • Year Built: 1910
  • Price/SF: $921.72
  • Cap Rate: 4%
  • Commission Split: 2%
  • Property Type: Retail
  • Property Sub Type: Free Standing Bldg
  • Property Use Type: Investment
  • Lot Size: 4,536 SF
  • Parking Ratio: 1.25 / 1,000 SF
  • No. of Stories: 2
  • Occupancy: 100%
  • Tenancy: Multiple
  • APN / Parcel ID: 1977200670

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