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8337 - 8339 15th Avenue NW

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8337 - 8339 15th Avenue NW

8337 8339 15th Ave NW, Seattle, WA 98117
Retail For Sale Available Cap Rate 5% Built 1985 1 floors Zoning: NC3P-75(M1)
Asking Price
$1,536,000
Total Building7,208 SF
Land8,165 SF land
Parking Total2
& Uncov.
MarketFremont/Ballard
CountyKing

Read Overview
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Overview

Property ID
288378
Listing ID
701782
Type
Retail
Asset Class
Retail
Zoning
NC3P-75(M1)

Description

8,165 SF commercial lot zoned NC3P-75 (M1) is currently built out with a dog groomer, photography studio, and a single-family residence. This offering is a fully leased opportunity to collect cash flow or hold as a covered land play. Built in 1937, the building houses 3 retail suites that have seen consistent tenancy for years (currently leased through 2026). Both commercial users on short term deals to allow for immediate redevelopment potential. The current configuration includes a rear parking lot with a single-family residence, adding additional rental income to the property. Positive cash flow day one, allows a developer flexibility to work on the project without bleeding capital on a property that sits vacant.

Listing Courtesy of:

TB
Todd Battison
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98117 Type: For Sale

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