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Seattle,WA 98109
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision South Lake Union
MLS Listing ID 2429924
Style 60 - Comm Bldg Und 10K
Bedrooms 3
Year Built 1909
Annual Tax Amount $13,642
Lot Size 3,593 Sqft
Lot Dimensions 30x119
Property Sub-Type Commercial Industrial
Property Description
Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle's tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project--generate income from existing fourplex while awaiting permits. Vacant land next door also for sale: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. Five on-site parking spaces!
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Flooring Ceramic Tile,Hardwood,Softwood,Vinyl,Vinyl Plank
Fireplace false
Exterior
Exterior Feature Metal/Vinyl,Wood
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out,Conventional,Rehab Loan
Listing Terms Cash Out,Conventional,Rehab Loan