14401 - 14409 Greenwood Ave N
Seattle WA 98133-6814
Highland Market Building
14401 - 14409 Greenwood Ave N Seattle WA 98133-6814
Listing #: 682106 | Status: Available | Last Modified: 10/4/2024 |
For Sale
- Phone:(206) 726-6230
- Email:james@jamestjoa.com
- Office Name:RE/MAX Metro Realty, Inc.
- Office Phone:(206) 322-5700
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,088,000.0
- $/SF$ 207.6
- $/Unit$ 617,600.0
- Listing StatusAvailable
- Days on Market151
- Asset ClassRetail, Multi-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 3.80 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units5
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units5
- # of Elevators0
- A/CYes
- Clearance Height Min0
- Clearance Height Max
- Bay Depth
- Total Building SF15632
- Net Rentable Area14877
- Total Office SF
- Largest Contiguous SF
- Lot SF14375
- Acres0.33
- Property TypeRetail
- Office TypeMulti-Tenant
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location DescriptionGreenwood
- Second Address154 144th Street N, Seattle, WA 98133
- Cross Street144th
- Market AreaN. Seattle
- Tax ID #1980200150
- Additional Parcels
- ZoningNC2P-55(M)
- # Covered Spaces0
- # Uncovered Spaces15
- Total Parking Spots15
- Parking Ratio
- Year Built1928
- Year Renovated1975
- Completion Date
- Roof Type
- Construction TypeMasonry
14,291 SF Mixed-Use Building w/ Huge Upside
Incredible opportunity to acquire a 14,291 SF mixed-use building with huge rental upside and exciting future development potential. Located in the vibrant Broadview neighborhood, adjacent to the Seattle Golf Club, Greenwood Plaza is home to a diverse blend of tenants including popular local restaurants, a brewery, storage and residential apartments. All rents are under market, and multiple tenants are coming up for renewal. New ownership can take advantage of a number of opportunities, including occupying space for their own business – by reconfiguring the suites, up to 10,000sf of space could be available in the near term. New ownership could also work with current tenants and prospects to increase rental rates to market and secure a cap rate in the low 7% range. Located on a 14,400 SF
High visibility corner lot. Convenient off-street parking, easy I-5/Hwy 99 acces C240 zoned.
Restaurant, Strip Mall