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Listed by Providencia Real Estate Srvcs
$1,000,000
Est. payment /mo
5,420 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision White Center
MLS Listing ID 2419307
Style 60 - Comm Bldg Und 10K
Year Built 1926
Annual Tax Amount $6,230
Lot Size 5,420 Sqft
Lot Dimensions ~40 x 130
Property Sub-Type Commercial Industrial
Property Description
This ideally located commercial building in the heart of the white hot White Center market is only 15 minutes from downtown Seattle and 15 minutes from Sea Tac Airport. Here's a rare opportunity to plant your project early before the fast escalating local prices reach untouchable heights. Zoned Neighborhood Commercial (NC2P55), this property is begging for development with a height allowance of 55 feet. The FAR (Floor Area Ratio) of 3.75 presents the potential to build out 19,500 sf of usable mixed use space. Offices - check. Apartments - check. Restaurant - check. Warehouse - check. Use your imagination. Lease back the apartment to the current owner for cash flow over the course of your conception, design, and permitting process.
Location
State WA
County King
Area 140 - West Seattle
Interior
Flooring Concrete
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood
Roof Type Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Lease Purchase, Owner Financing
Listing Terms Cash Out, Conventional, Lease Purchase, Owner Financing
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