Well located, 72-stall parking garage located in Belltown, blocks to Seattle’s waterfront and Seattle Center. Secure access parking with 69 car spaces and 3 dedicated motorcycle stalls. Current monthly parking rates are below market with immediate upside potential allowing for a likely 7.6% cap rate. Out-of-town seller willing to carry the contract contract at 6.25% interest for a 5-year term with a $1,000,000 down payment. Shrinking inventory of parking spaces as new construction typically provides less parking than needed and surface parking lots are redeveloped. Near $0 in maintenance costs given condo structure / HOA responsibility. Located within a well-maintained building. Car collector / owner-occupant opportunity. 40-50 spaces occupied by office building across the street with no p

Condos, Live/Work, Mixed-Use, Single-Tenant, Special Use, Condo, Live/Work, Mixed Use