LISTING DETAILS

1600 N 45th Street

1600 N 45th St Seattle WA 98103

Listing #: 666948 | Status: Pending | Last Modified: 5/3/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income145,464
Vacancy Factor %6.05%
Operating Expenses24,638
Net Operating Income112,029
CAP Rate3.85 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Financial Summary
CAP Rate3.850
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
Total Building SF5,281 SF
Net Rentable Area4,085 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF5,881 SF
Acres0.14
Year Built1955
Property Type
Property TypeRetail
Building ClassC
Location
CountyKing
Market AreaFremont/Ballard
Tax ID #4083803140
ZoningNC2P-55(M)

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

1600 N 45th Street
1600 N 45th St Seattle WA 98103

Listing #: 666948 | Status: Pending | Listing Date: 5/22/2023 | Last Modified: 5/3/2024 | Email Listing

For Sale

1600 N 45th Street

Listing Images