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1600 N 45th St Seattle WA 98103
Listing #: 666948 | Status: Pending | Last Modified: 5/3/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 145,464 |
Vacancy Factor % | 6.05% |
Operating Expenses | 24,638 |
Net Operating Income | 112,029 |
CAP Rate | 3.85 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Retail Asset Class Info | |
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Crane Tonnage | 0 |
Financial Summary | |
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CAP Rate | 3.850 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 2 |
Total Building SF | 5,281 SF |
Net Rentable Area | 4,085 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 5,881 SF |
Acres | 0.14 |
Year Built | 1955 |
Property Type | |
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Property Type | Retail |
Building Class | C |
Location | |
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County | King |
Market Area | Fremont/Ballard |
Tax ID # | 4083803140 |
Zoning | NC2P-55(M) |
Owner Financing Available! Westlake Associates, Inc., is pleased to bring to market the Wallingford Mixed-Use Building. This is a rare opportunity to own a high exposure street-level mixed-use building on a hard corner of Wallingford’s main commercial drag. Built in 1955, the property consists of three residential apartment units situated above and behind the 1,560 sq. ft. retail space and 250 sq. ft. office space. The unit mix of the residential apartments consists of two 600 sq. ft. one bedrooms and one 725 sq. ft. two-bed-room unit. In addition, the property sits on a corner lot measuring 5,890 square feet and is zoned NC2P-55 (M) which makes for more multiple exit strategies. Walk score 98/100 and a Bike Score 92/100 make this a prime location within walking distance to shopping, di
1600 N 45th Street
1600 N 45th St Seattle WA 98103
Listing #: 666948 | Status: Pending | Listing Date: 5/22/2023 | Last Modified: 5/3/2024 | Email Listing