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7409 Greenwood Ave N, Seattle, WA 98103 (MLS # 1289598)

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Listing provided by RE/MAX Metro Realty, Inc.

PRICE $1,190,000
SIZE n/a
LOT SIZE 2,400 sqft

Two-story six-unit retail/office building offers 2 ground floor sidewalk units with 10-foot ceilings in the eclectic, high traffic Phinney Ridge neighborhood. Showcased on the main arterial street, with a traffic count of 23,000 cars per day. The building is 100% occupied with short-term leases expiring in December 2018. Tenants have 2 1-year options to renew with rent increases. Current lease rates are below market.

DAYS ON MARKET 68 LAST UPDATED 5/9/2018
YEAR BUILT 1912 COMMUNITY Phinney Ridge
COUNTY King STATUS Active
PROPERTY TYPE(S) Commerical / Industrial


ADDITIONAL DETAILS
ANNUAL TAXES 0
APN 2000700197
APPROXIMATE BUILDING SQUARE FEET 3392
APPROXIMATE OFFICE SQUARE FEET 0
AREA 705 - Ballard/Greenlak
BANK/REO OWNED N
CAP RATE (NOI / LP) 4.77
ELECRICAL EXPENSES 0
FORM 17 Not Provided
GROSS ADJUSTED INCOME 0
GROSS SCHEDULED INCOME 0
NET OPERATING INCOME 56832
NUMBER OF AVAILABLE PADS 0
OFFERS Reviewed on receipt
POSSESION Sub. Tenant's Rights
POTENTIAL TERMS Cash Out, Conventional
POWER SERVICE IN AMPS 0
PROPERTY TYPE COMI
SITE FRONTAGE 0
SQUARE FEET UNIT 1 0
SQUARE FEET UNIT 2 0
SQUARE FEET UNIT 3 0
SQUARE FEET UNIT 4 0
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 75 - Retail
TAX YEAR 0
TOTAL EXPENSES 0
VACANCY RATE 0
Listing provided by RE/MAX Metro Realty, Inc.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2018. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2018 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Team Reba of RE/MAX Metro Realty and should be verified by the buyer.
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