2241-2245 Eastlake Ave - Storefront Retail/Residential CONDO FOR SALE


Seattle, WA 98102- Eastlake
$755,000 USD
206-909-8815
2241-2245 Eastlake Ave, Seattle, WA for Sale
$755,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/18
null | 6.84% Cap Rate

2241-2245 Eastlake Ave
Seattle, WA 98102
Eastlake


HIGHLIGHTS

  • Corner Location, Heavy Foot Traffic, Vibrant Neighborhood, Upscale Building, High End Finishes and Build Out.

OVERVIEW

This is a direct owner sale with the sale to be handled by an escrow and real estate attorney. No agents please. Seller financing considered with a down payment. The unit has 4 years left on the lease. No extensions. After that, the unit is free to be owner occupied or leased out again. The current tenant, Eastlake Coffee & Cafe, is eager to sign another five year lease with the new buyer if the buyer so chooses. Tenant is paying all expenses as per the lease: $3,275/month base rent, plus $723/month HOA dues, and $361/month property taxes. Please do not disturb the tenants. I am happy to schedule a walk-thru anytime for a thorough viewing. I can send a copy of the current tenant lease in place upon receiving an NDA. Please contact me to set this up.

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

6.84%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Condo @ Eastlake Lofts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

16,733 SF

STORIES

4

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,197 SF

ZONING

NC240

APN/PARCEL ID

220880-0000

ASK ABOUT THIS PROPERTY

Michael UetzVoxx Partners LLCMore Info
206-909-8815

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Michael UetzVoxx Partners LLCMore Info
206-909-8815

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