Newly remodeled multi tenanted office building located just north of downtown in Seattle's popular Fremont district. Convenient location with easy access to all of Seattle.
Seattle is currently the hottest office market in the country with a strong stable economy.
Fully leased NOI $251,000, CAP 6.25%.
New improvements inside and out. New roof, HVAC, electrical service and MDP, windows, exterior doors, exterior paint, landscaping, interior finishes and more.
Mix of long and short term leases. Great investment property or combination investment - user/owner. Floor plan easily modified for custom use. Thirty offices from 225-2500 SF. Upside rent potential with several leases coming up for renewal.
High visibility free standing sign (a huge asset) is under contract to be rebuilt.
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| Type: |
Commercial Property |
| Listing Status: |
For Sale |
| Price: |
4000000 |
| Bedrooms: |
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| Bathrooms: |
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| Stories: |
2 1/2 |
| Square Feet: |
21436 |
| Lot Size: |
13781 |
| Age of Home: |
1958 |
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exterior photo looking north
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