1600 N 45th St
Seattle WA 98103

1600 N 45th Street

1600 N 45th St Seattle WA 98103

Listing #: 666948 | Status: Pending | Last Modified: 4/18/2024 |

For Sale
David Petersen
Chad Martini
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,195,000.0
  • $/SF$ 537.3
  • $/Unit$ 2,195,000.0
  • Listing StatusPending
  • Days on Market342
  • Asset ClassRetail, Multi-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income145,464
  • Vacancy Factor %6.05%
  • Operating Expenses24,638
  • Net Operating Income112,029
  • CAP Rate 3.85 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Financial Summary
  • CAP Rate 3.85 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5281
  • Net Rentable Area4085
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF5881
  • Acres0.14
Property Type
  • Property TypeRetail
  • Office Type
  • Building ClassC
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaFremont/Ballard
  • Tax ID #4083803140
  • Additional Parcels
  • ZoningNC2P-55(M)
Construction
  • Year Built1955
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Wallingford Drive-Thru Mixed-Use/Residential For S

Public Comments

Owner Financing Available! Westlake Associates, Inc., is pleased to bring to market the Wallingford Mixed-Use Building. This is a rare opportunity to own a high exposure street-level mixed-use building on a hard corner of Wallingford’s main commercial drag. Built in 1955, the property consists of three residential apartment units situated above and behind the 1,560 sq. ft. retail space and 250 sq. ft. office space. The unit mix of the residential apartments consists of two 600 sq. ft. one bedrooms and one 725 sq. ft. two-bed-room unit. In addition, the property sits on a corner lot measuring 5,890 square feet and is zoned NC2P-55 (M) which makes for more multiple exit strategies. Walk score 98/100 and a Bike Score 92/100 make this a prime location within walking distance to shopping, di

Listing Images