3714 S Hudson St - Retail FOR SALE


Seattle, WA 98118
$3,880,000 USD
425-455-3131
3714 S Hudson St, Seattle, WA for Sale
$3,880,000 USD
Retail - FOR SALE
1/8
null | 6% Cap Rate

3714 S Hudson St
Seattle, WA 98118


HIGHLIGHTS

  • Situated in Columbia City, one of Seattle's fastest-growing urban neighborhoods.
  • Zoned NC2-55(M), the paved parking lot area is ready for a 55ft multifamily project.
  • The building has been newly renovated.
  • Only minutes from the Columbia City Station.

OVERVIEW

Linc Properties is pleased to present the exclusive sale offering of a stablized single tenant retail investment building plus the adjacent 10,450 SF development site. The core in-fill property is located in the heart of the dynamic Columbia City Landmark District in South Seattle. The savvy investor or developer has the rare opportunity to purchase a desirable multifamily development site benefiting from current cash flow. The offering is structured "as-if" the current retail building remains as a long term leased investment following completion of the new developement.

FOR SALE DETAILS

PRICE

$3,880,000 USD

PRICE/SF

$1,213 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

NC2-55M

APN/PARCEL ID

170290-1730

ASK ABOUT THIS PROPERTY

Brian LeibsohnLinc PropertiesMore Info
425-455-3131

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Brian LeibsohnLinc PropertiesMore Info
425-455-3131

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