5446 California Avenue SW

5446 California Ave SW Seattle WA 98136

Listing #: 588052 | Status: Sold | Closing Date: 04/13/2018 | Last Modified: 4/14/2018 |

For Sale

5446 California Ave SW Seattle WA 98136

Agent Information
Showing Instructions
Call Listing AgentYes
Use DiscretionYes

Paul Poirier

(206) 915-6881
paulpoirier@bhhsnwrealestate.com

Melanie Krebs

(206) 930-1881
melaniekrebs@bhhsnwre.com

Berkshire Hathaway Home Serv.

(206) 932-4500

Listing Information
Price
Listing Price$ 3,600,000
$/SF$ 408.21
Listing StatusSold
Days On Market262
Asset ClassRetail, Office
Search TagsMulti-Tenant, Single-Tenant
Closed Sales Only
Actual Sold Price$ 3,500,000
$/SF$ 396.87
Closing Date04/13/2018
Selling BrokerPaul Poirier
Investment Information
Investment PropYes
1031 ExchangeYes
Gross Income$ 186,300
Vacancy Factor %0.00%
Operating Expenses$ 0
Net Operating Income$ 186,300
CAP Rate5.18 %
Property Information
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
Total Building Sq/ft8,819
Net Rentable Area8,819
Total Office Sq/ft8,819
Lot Sq/ft7,405
Acres0.17
Property Type
Property TypeOffice
Office TypeSingle Tenant
InvestmentYes
Building ClassB
Location
CountyKing
Market AreaWest Seattle
Tax ID #2461900050
Parking Information
# Uncovered Spaces8
Total Parking Spots8
Construction
Year Built2006
Year Renovated2015
Construction TypeBrick, Concrete, Wood

Public Comments: Excellent investment and/or owner-user opportunity.  8,819 square feet office building on the highly sought after street of California Ave SW in West Seattle.  Minutes to the West Seattle Bridge, Fauntleroy Ferry Terminal and Alaska Junction.  1 NNN tenant with strong monthly income.  Built in 2006, the traditional architecture is on point for the location and offers a solid brick exterior with thoughtful interior spaces and high tech cabling throughout.  The building has been meticulously maintained and recently received new exterior paint.  Property offers a large parking lot behind the building with 8 spaces for tenant(s).  Location offers close proximity to downtown without the in-city congestion.

Showing Instructions: Please do not disturb tenants. Contact Listing Agent.

Public Building Comments: Minutes to the West Seattle Bridge, Fauntleroy Ferry Terminal and Alaska Junction. Large parking lot behind the building Close proximity to downtown.

Search Tags: Multi-Tenant, Single-Tenant,

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