Bought with The Preview Group
$2,975,000
$2,975,000
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SOLD DATE : 08/05/2022
Key Details
Sold Price $2,975,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Lake Union
MLS Listing ID 1881316
Sold Date 08/05/22
Style 60 - Comm Bldg Und 10K
Annual Tax Amount $10,726
Property Description
Amazing income producing property in a perfect Lake Union location. (3 units—two commercial spaces at ground level and an upper floor unit that can be used as office, a two bedroom apartment, or a live/work combination) Minutes to all downtown, SLU, Queen Anne, Westlake and Lake Union amenities. The property has been wonderfully improved with updated systems (new windows, plumbing, electrical) while maintaining the details of its timeless charm. Extremely strong financial statements and a very high cap rate (6%) make this a great portfolio property.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Connected
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
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