LISTING DETAILS

Pete's Market Building

2300 Fairview Ave E Seattle WA 98102-6520

Listing #: 656515 | Status: Available | Last Modified: 8/31/2022

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income489,597
Vacancy Factor %5.00%
Operating Expenses97,831
Net Operating Income367,286
CAP Rate4.50 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Total Units11
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Financial Summary
CAP Rate4.503
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units11
Total Building SF13,968 SF
Net Rentable Area13,968 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF11,042 SF
Acres0.25
Year Built1965
Construction TypeMasonry
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
Second Address2310 Fairview Avenue E
Market AreaLake Union
Tax ID #2902201176
ZoningLR2 RC (M)
Parking Information
#Covered Spaces2
# Uncovered Spaces23
Total Parking Spots25

Pete’s Market Building

Public Comments

Paragon Real Estate Advisors is pleased to announce the exclusive listing of the Pete’s Market Building, located across the street from the shores of Lake Union. Pete’s Market opened on January 2nd, 1974 and quickly became the “House of Wines.” Not only just an Eastlake neighborhood favorite, Pete’s attracts visitors from all over the region. Pete’s Market was fully renovated in 2019. Located above Pete’s Market are ten luxurious, spacious, and fully remodeled apartment units. The units consist of four – one bedroom one bathroom units averaging 734 square feet, two – one bedroom one bathroom plus den units that average 797 square feet, two – one bedroom plus den and balcony units that average 809 square feet, and two – two bedroom one bathroom units plus balcony that average 879 square f

Pete's Market Building
2300 Fairview Ave E Seattle WA 98102-6520

Listing #: 656515 | Status: Available | Listing Date: 8/29/2022 | Last Modified: 8/31/2022 | Email Listing

For Sale

Pete's Market Building

Listing Images