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Listed by RE/MAX Metro Realty, Inc.
$2,799,000
Est. payment /mo
0.33 Acres Lot
Active
14401 Greenwood AVE N Seattle, WA 98133
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UPDATED:
11/14/2024 04:10 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Broadview
MLS Listing ID 2244408
Style 61 - Comm Bldg Ovr 10K
Year Built 1928
Lot Size 0.331 Acres
Property Description
Incredible opportunity to acquire a 14,291 SF mixed-use building with huge rental upside and future development potential. Located in the vibrant Broadview neighborhood, near the Seattle Golf Club, Greenwood Plaza is home to a diverse blend of tenants including popular local restaurants, a brewery, storage and an apartment.Possible owner-user opportunity by combining suites (up to 10K SF) with leases coming up for renewal, or new ownership may increase rents to market and secure a cap rate in the low 7% range.The 14,400 SF site is only 2 miles from the S. Shoreline/148th St light rail station (under construction), & near thriving retail centers and new housing. NC2P-55(M) zoning offers excellent development potential.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Fireplace false
Building
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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