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Highland Market Building

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Highland Market Building

14401 14409 Greenwood Ave N, Seattle, WA 98133
Retail,Multi-Family For Sale Available Built 1928 2 floors Zoning: NC2P-55(M)
Asking Price
$2,499,000
Total Building15,632 SF
Available14,291 SF avail
Land14,375 SF land
Parking Total15
& Uncov.
ConstructionMasonry
MarketN. Seattle
CountyKing

Read Overview
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Overview

Property ID
111749
Listing ID
682106
Type
Retail
Asset Class
Retail,Multi-Family
Zoning
NC2P-55(M)

Description

Incredible opportunity to acquire a 14,291 SF mixed-use building with huge rental upside and exciting future development potential. Located in the vibrant Broadview neighborhood, adjacent to the Seattle Golf Club, Greenwood Plaza is home to a diverse blend of tenants including popular local restaurants, a brewery, storage and residential apartments.All rents are under market, and multiple tenants are coming up for renewal. New ownership can take advantage of a number of opportunities, including occupying space for their own business – by reconfiguring the suites, up to 10,000sf of space could be available in the near term. New ownership could also work with current tenants and prospects to increase rental rates to market and secure a cap rate in the mid 7% range.Located on a 14,400 SF

Listing Courtesy of:

JT
James Tjoa
RE/MAX Metro Realty, Inc.
2312 Eastlake Ave E,
Seattle, WA 98102-3306
State: WA City: Seattle ZIP: 98133 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.