2940 SW Avalon Way
Seattle WA 98126

2940 SW Avalon Way

2940 SW Avalon Way Seattle WA 98126

Listing #: 682357 | Status: Available | Last Modified: 6/5/2024 |

For Sale
Chris Hewitt
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,150,000.0
  • $/SF$ 218.4
  • Listing StatusAvailable
  • Days on Market16
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.64 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • 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 Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWest Seattle
  • Tax ID #7628700395
  • Additional Parcels
  • ZoningC2-55(M)
Construction
  • Year Built1947
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeWood

2940 2942 SW Avalon Way - Seaway Building

Public Comments

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

Listing Images