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Property Summary - 2810 Alki Avenue SW

Property Type:	Retail	Year Built:	1941
Total Building SqFt:	3,020	Total SqFt of Lot:	4,356
Total Rentable Area:	3,020	Total Acres of Lot:	0.10
Total Units:		Cap Rate:
Status:	Withdrawn	Number of Floors:	2
NOI:	31,791	Construction Type:	Brick, Concrete
General Zoning:	NC-130

Description

Alki Beach Mix Use on Beach with Views!  -  2810 Alki Avenue SW
Wow! Rare opportunity for commercially mixed zoned beach front property. Wonderful views of sound, mountains, beach and ferry lanes. Fully rented triplex brings in additional income while you plan for development or hold and watch equity grow! Similar, smaller mix use property down street sold for $915,000 in 2005 then resold for $1,200,000 in 2006 (lot is half size) $300,000 instant equity. Owner has spent over $50,000 in plans for a 2 level restaurant with wine bar and a third level penthouse. The penthouse alone would sell for over a $1,000,000. Views, Views, Views. If you are not from the Seattle area, Alki is the most well known beach in the Seattle area.

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All information provided is deemed reliable but is not guaranteed and should be independently verified.