10223 16th Avenue SW, Seattle, WA 98146

$800,000

Listing courtesy of Keller Williams Realty PS. Selling Office: Providencia Real Estate Srvcs.

Sold Price
$800,000
List Price
$845,000
Status
SOLD
MLS#
1611376
Closing Date
Apr 16, 2021
Days on Market
299
Annual Tax Ammount
7233

Property Description

This is a well-maintained building with sound infrastructure, prime southwest Seattle location across from McLendon's Hardware, on-site parking, sep tenant meters CBSO-Commercial Business Special Overlay - Opportunities to develop into a mixed-use of up to 5 stories. Great space for individual salon suites/studio salons, storage, repair shop, small scale manufacturing or assembly, small scale medical office: optical, urgent care, dialysis, etc. Current tenant is very flexible to stay or vacate for new owner, currently month to month. Seller may accept 1031 exchanges, lease to own, or owner financing.

Additional Information

Community
White Center
Building Condition
Average
Style
60 - Comm Bldg Und 10K
Year Built
1993
# of Assigned Spaces
4
Roof
Torch Down
Tax Year
2020
Potential Terms
Cash Out, Conventional, Lease Purchase, Owner Financing, See Remarks
Interior Features
Forced Air, Fir/Softwood, Wall to Wall Carpet
Flooring
Softwood, Carpet
Driving Directions
South on Delridge to 17th. Use right lane to go slightly left onto White Center cutoff. Use right lane to turn onto 16th SW. Property will be on the west side of the street.
Energy Source
Electric, Natural Gas
Gross Adjusted Income
$52,984
Cap Rate
5
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