Incredible opportunity to acquire a 14,291 SF mixed-use building with huge rental upside and future development potential. Located in the vibrant Broadview neighborhood, near the Seattle Golf Club, Greenwood Plaza is home to a diverse blend of tenants including popular local restaurants, a brewery, storage and an apartment.Possible owner-user opportunity by combining suites (up to 10K SF) with leases coming up for renewal, or new ownership may increase rents to market and secure a cap rate in the low 7% range.The 14,400 SF site is only 2 miles from the S. Shoreline/148th St light rail station (under construction), & near thriving retail centers and new housing. NC2P-55(M) zoning offers excellent development potential.
|
DAYS ON MARKET
|
142
|
LAST UPDATED
|
10/11/2024
|
|
TRACT
|
Broadview
|
YEAR BUILT
|
1928
|
|
COMMUNITY
|
Broadview
|
COUNTY
|
King
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
|
Prior to Oct 11, '24
|
$3,088,000
|
| Oct 11, '24 - Today |
$2,799,000 |
| AREA |
705 - Ballard/Greenlake |
| HEAT |
None |
| LOT |
0.3306 acre(s) |
| STYLE |
61 - Comm Bldg Ovr 10K |
| SUBDIVISION |
Broadview |
| WATER |
Public |
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Properties with the 
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/18/24 3:26 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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