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Stand Alone Retail with Tenant 2722 115th St

2,748 SF Retail Building Seattle, WA 98125 £928,262 (£338/SF) 8.34% Net Initial Yield

Investment Highlights

  • Year Build 1948 Renovated 1990
  • One tenant in on a month to month lease
  • Great income property

Executive Summary

Great investment property, stand alone retail building with existing tenant. Has parking. Well located. Currently only 1 tenant for $48,000 yr rent on month to month. 2 tenants total.

Attachments

2024 Offering Memorandum _L_

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,748 SF
Year Built/Renovated
1948/1990
Price
£928,262
Price Per SF
£338
Net Initial Yield
8.34%
NOI
£77,421
Tenancy
Single
Number of Floors
2
Building FAR
0.33
Land Acres
0.19 AC
Zoning
NC3-55 (M) - Neighborhood commercial
Parking
3 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
65 ft on Northeast 115th Street
1 of 1
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Starbucks
LA Fitness
Dick's Drive-In
Chase Bank
Jazzercise
Safeway
U.S. Bank
Bank of America
BECU
Quality Food Centers

PROPERTY TAXES

Parcel Number 344800-1773 Improvements Assessment £533,731
Land Assessment £538,313 Total Assessment £1,072,044

PROPERTY TAXES

Parcel Number
344800-1773
Land Assessment
£538,313
Improvements Assessment
£533,731
Total Assessment
£1,072,044
(206) 604-7440

  • Listing ID: 32060827

  • Date on Market: 07/06/2024

  • Last Updated:

  • Address: 2722 115th St, Seattle, WA 98125

The Retail Property at 2722 115th St, Seattle, WA 98125 is currently available For Sale. Contact eXp Commercial for more information.

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© 2024 CoStar Group

Stand Alone Retail with Tenant | 2722 115th St
(206) 604-7440 x

Stand Alone Retail with Tenant | 2722 115th St

Alex Duff

(206) 604-7440

(206) 604-7440

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