Listing courtesy of Windermere Real Estate/M2, LLC 425-776-9580
$1,650,000
Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 3,250 sq ft commercial building sits on a 5,400 sq ft lot and is currently home to one retail business and three residential units, offering a unique combination of commercial and residential income. Recent rezoning allows development up to… Read More 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for a business seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing income, prominent commercial visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. An exceptional opportunity for an investor or developer looking to capitalize on the property’s current income and future potential. Read Less
Listing courtesy of Windermere Real Estate/M2, LLC 425-776-9580
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
182
Days on Website
64
Last Updated
Property Type
Multi Family
Square Ft.
3,250
Lot Size
0.12 Acres
Year Built
1907
Property Tax
$14,612
MLS Number
2565711
Additional Details | Source HomeJunction
Building
Built in 1907, Built in 1979 (effective), 2 stories, Construction Materials: Brick, Cement, Wood
Cooling
None
Expenses
Insurance: $5,206
Exterior Features
Brick, Cement/Concrete, Wood
Floors
Ceramic Tile, Hardwood, Vinyl, Carpet
Foundation
Pillar/Post/Pier
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $87,000, Net Operating Income: $67,181
Lot
0.124 acres, Dimensions: Approx. 50 x 109, Curbs, Paved, Sidewalk, Value In Land
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . 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.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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