2940 SW Avalon Way
Seattle WA 98126
![](https://www.commercialmls.com/Media/Listing/web/682357.jpg)
2940 SW Avalon Way
2940 SW Avalon Way Seattle WA 98126
Listing #: 682357 | Status: Available | Last Modified: 6/5/2024 |
For Sale
- Phone:(206) 436-2346
- Email:chris.hewitt@cannoncommercial.com
- Office Name:Cannon Commercial Real Estate Services
- Office Phone:(206) 292-0800
- Office Website:http://www.cannoncommercial.com
- Call Listing AgentNo
- Use DiscretionNo
![](https://www.commercialmls.com/Media/Listing/web/682357.jpg)
- Listing Price$ 2,150,000.0
- $/SF$ 218.4
- Listing StatusAvailable
- Days on Market52
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.64 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- 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 Buildings2
- # of Floors1
- # of Units8
- # of Elevators
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF9845
- Net Rentable Area9085
- Total Office SF420
- Largest Contiguous SF
- Lot SF11370
- Acres0.26
- Property TypeRetail
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaWest Seattle
- Tax ID #7628700395
- Additional Parcels
- ZoningC2-55(M)
- Year Built1947
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeWood
2940 2942 SW Avalon Way - Seaway Building
Fantastic opportunity to own two income producing buildings totaling 9,165 SF in highly desirable West Seattle. The buildings are fully leased with an in-place 6.64% cap rate offering an investor immediate cash flow with no upfront cost to secure new tenants. This stabilized property sits on a 11,370 sf corner lot with C2-55 (M) zoning which would allow a buyer to explore future development potentials. Tours can be scheduled after prospective buyers provide proof of funds to the listing broker. Please use discretion and be respectful of the businesses during the sales process
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