1471 NW 85th ST new to site

Seattle,WA 98117

$ 3120000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Crown Hill

MLS Listing ID 2347969

Style 60 - Comm Bldg Und 10K

Year Built 1949

Annual Tax Amount $25,743

Lot Size 8,113 Sqft

Property Sub-Type Commercial Industrial

Property Description

Investment opportunity in Ballard! 8458 rentable sf in this mixed-use building. 3 units on street and 1 large residential apartment on 2nd floor. There are two long-term tenants in the retail spaces, and one 1500sf vacant unit (owner occupy?). The restaurant and upstairs tenant are month-to-month, the hookah lounge has a lease until 2028 with an option to extend. Being situated right next to Safeway at a busy intersection, this location gets lots of exposure and high foot-traffic! Rents are under market value, pro forma financials have been used for the vacant unit.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Exterior

Exterior Feature Cement/Concrete

Roof Type Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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