11552 15th Ave NE - Auto Repair FOR SALE


Seattle, WA 98125- Lake City
$2,975,000 USD
206-245-0159
11552 15th Ave NE, Seattle, WA for Sale
$2,975,000 USD
Auto Repair - FOR SALE
1/13
null | 2.65% Cap Rate

11552 15th Ave NE
Seattle, WA 98125
Lake City


HIGHLIGHTS

  • Great exposure on 15th ave NE. Nearby hockey sports areans, movie theraters, Malls, light-rail stations, parks and more!

OVERVIEW

Introducing Northgate's newest development opportunity on busy 15th ave NE in Seattle. Great entry price point for almost any type of entrepreneur or investor/developer. Perfect location for builders to build now or investors to buy and hold. Property cash flows from (2) retail tenants. Great location with building sitting on about half the lot and the other half for parking. On the NW corner of 16,259 sq ft lot is a long standing food truck tenant with over 10 years in successful operation. The building is exceptional with half-barrel roof style which allows the building to experience a wide open floor plan. The 900 sq foot, 2nd floor is an added bonus, including back-to-back restrooms offers many options. This large 5,656 Sq ft building has back-to-back ADA rest rooms and utility closet on the first floor. This utility floor plan leaves plenty of options for flexible usage. Property is is zoned NC2-55 (M) and flat terrain ready for your mid rise production. Collect rents during entitlement stage and be part of vital NE Seattle, where malls, theaters, sports arenas and everyday coffee shop thrive and work.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$526 USD /SF

CAP RATE

2.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

NC240

APN/PARCEL ID

679810-0765

ASK ABOUT THIS PROPERTY

Victor HernandezVictory Lane BrokerageMore Info
206-245-0159

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Victor HernandezVictory Lane BrokerageMore Info
206-245-0159

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.