Waterwheel Retail Building
7034 15th Ave NW Seattle WA 98117
Listing #: 603387 | Status: Expired |
For Sale
7034 15th Ave NW Seattle WA 98117
| Call Listing Agent | Yes |
| Use Discretion | Yes |
Chad Martini
(206) 812-9137
chad@paragonrea.com
David Petersen
(206) 623-8413
dwp@paragonrea.com
| Listing Price | $ 995,000 |
| $/SF | $ 663.33 |
| Listing Status | Expired |
| Asset Class | Retail |
| Investment Prop | Yes |
| Gross Income | $ 42,852 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | $ 7,852 |
| Net Operating Income | $ 35,000 |
| CAP Rate | 3.52 % |
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| # of Units | 1 |
| Total Building Sq/ft | 1,500 |
| Net Rentable Area | 1,500 |
| Lot Sq/ft | 4,250 |
| Acres | 0.1 |
| Property Type | Retail |
| Investment | Yes |
| County | King |
| Market Area | Fremont/Ballard |
| Tax ID # | 0461003045 |
| Zoning | NC2P40 |
| Year Built | 1942 |
| Year Renovated | 1955 |
| Roof Type | Torch down |
| Construction Type | Masonry |
Public Comments: GREAT Seller Financing NNN Investment opportunity with future development potential! Long running business with two years left on lease with 5 year option to market rates. VERY rare to find a property under a million dollars with seller financing available. The property is highly visible and centrally located in the North Ballard community with convenient access to the freeway down 85th Ave NW, RapidRide Bus line to downtown and a surplus of other neighborhood amenities
Showing Instructions: Tenants unaware of sale. Please do not disturb the tenants.
Public Building Comments: Stand alone building in Ballard. Keep existing tenants or redevelop. Good visibility from this location
Search Tags: Stand-Alone, Bar/Tavern/Night Club,
