614 Boylston Ave E - Office FOR SALE


Seattle, WA 98102- Capitol Hill
$2,975,000 USD
425-444-6501
614 Boylston Ave E, Seattle, WA for Sale
$2,975,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

614 Boylston Ave E
Seattle, WA 98102
Capitol Hill


HIGHLIGHTS

  • Prime in-city, Capitol Hill location
  • “Walker’s Paradise” walk score of 95 - Within blocks of award-winning restaurants, shops, and grocery, and near light rail and bus routes
  • 8-10 on-site parking stalls
  • Many recent updates by current owner
  • Can seat up to approximately 30 desks in the main building and carriage house
  • Land bank - LR3 zoning allows for development of townhomes or ±30 units with no parking required, with potential of an upzone to MR

OVERVIEW

614 Boylston Avenue East is a prime commercial office property located in north Capitol Hill encompassing approximately 5,510 SF of recently updated/renovated office space, plus a separate standalone approximate 1,000 SF remodeled carriage house. Built in 1906 as a single-family residence and converted to office by previous owners, 614 Boylston offers class A office space over 3 floors plus a usable basement and standalone carriage house structure in back of the main structure that is now office space as well. On-site parking of 8-10 stalls plus abundant street parking with convenience to mass transit and a walk score of 95 make this a terrific location for an owner/user type buyer. Desk space for 20-25 people can be accommodated in the main structure over the 3 floors and basement, plus space for another 4-6 desks is available in the carriage house. Conference space, kitchen, and small break-out spaces are also found in the buildings. In addition, the 6,927 SF lot (per King County records) is zoned LR3 (M) with an Urban Village Overlay, making for a solid long-term investment opportunity for an initial owner/user type buyer that can occupy the premises for many years with a possible future redevelopment of the site possible.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LR3 (M), Seattle

APN/PARCEL ID

685070-0585

ASK ABOUT THIS PROPERTY

Dan SwansonKidder MathewsMore Info
425-444-6501

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Dan SwansonKidder MathewsMore Info
425-444-6501

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