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Loft Building
1500 - 1520 11th Ave Seattle WA 98122
Listing #: 680244 | Status: Available | Last Modified: 4/17/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 102,510 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 26,109 |
| Net Operating Income | 76,401 |
| CAP Rate | 4.67 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.667 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 2 |
| # of Floors | 2 |
| # of Elevators | 0 |
| Total Building SF | 43,200 SF |
| Net Rentable Area | 43,200 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 15,360 SF |
| Acres | 0.35 |
| Year Built | 1915 |
| Year Renovated | 1985 |
| Construction Type | Masonry |
| Property Type | |
|---|---|
| Property Type | Industrial |
| Office Type | Multi-Tenant |
| Location | |
|---|---|
| County | King |
| Cross Street | Pine |
| Market Area | Capitol Hill/First Hill |
| Tax ID # | 6003500280 |
| Zoning | NC3P-75(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 0 |
| Total Parking Spots | 0 |
Prime Investment Opportunity in Queen Anne
LOCKBOX
Discover a prime investment opportunity in Queen Anne! This remodeled triplex not only offers spacious 1,390 Sq Ft Units with 2-bedroom, 2-bath, each boasting modern amenities such as washer, dryer, dishwasher, & a patio or deck, but it also presents an excellent investment potential. Located on a quiet street with some mountain and water views, 2024 exterior painted, new roof in 2020, pipes and water main connection updated & off-street parking. This property is primed for long-term success. Whether you're an investor seeking a lucrative addition to your portfolio or an owner-occupier looking to capitalize on rental income, this triplex is a great investment property.
Industrial/Retail, Power, Regional Center, Restaurant, Showroom, Street Retail, Auto Repair, Bar/Tavern/Night Club
Loft Building
1500 - 1520 11th Ave Seattle WA 98122
Listing #: 680244 | Status: Available | Listing Date: 4/16/2024 | Last Modified: 4/17/2024 | Email Listing
For Sale
Loft Building
