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3305-3309 NE 125th St
Seattle, WA 98125

Barton Building · Office Property For Sale

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Executive Summary

The Barton Building has been well maintained over the years and has a flexible layout. Four commercial tenants occupied the building at one point. Currently, there are two residential units, one 2 bedroom and 1 studio apartment and two further commercial units. The leases are short term in nature allowing for an upside for an investor or opportunity for an owner/user.
The Barton Building is located in Lake City the northern suburb of Seattle, just two blocks off of the arterial Lake City Way NE. A quick 10-minute shot south down 35th Avenue NE to the University of Washington and only 17 minutes to Downtown Seattle via I-5.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Medical

Building Size

3,400 SF

Building Class

Year Built

1946

Price

£941,301

Price Per SF

£277

Net Initial Yield

NOI

£56,478

Percent Leased

10%

Tenancy

Multiple

Number of Floors

Typical Floor Size

3,400 SF

Building FAR

0.77

Lot Size

0.10 AC

Zoning

NC2P40

Parking

6 Spaces (1.76 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Number	882290-0005	Improvements Assessment	£198,658
Land Assessment	£277,270	Total Assessment	£475,928

PROPERTY TAXES

Parcel Number

882290-0005

Land Assessment

£277,270

Improvements Assessment

£198,658

Total Assessment

£475,928

Listing ID: 29678619
Date on Market: 02/10/2023
Last Updated:
Address: 3305-3309 NE 125th St, Seattle, WA 98125

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