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    4442 27th Avenue W

    Seattle, WA 98199
    • $2,150,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: 1733451
    $2,150,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    County:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate Midtown.

    Description

    Excellent investment opportunity in Magnolia's Fisherman's Terminal area. The property is 100% occupied by an A-credit tenant, on a NNN lease with a 2015 base year for property taxes. The 5,964 SF building features 18 foot ceilings, 3-phase 480v power, metal roof, dock high and grade level loading doors, 3 private restrooms, large showroom and a small office area. The 11,565 SF lot is zoned IG2 U/65 has a fully fenced yard area and parking for multiple vehicles. Current lease is through 6/30/2024 and Tenant has one 5-year option to extend. Please don't disturb tenant.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-14T00:14:52.497.

    www.pickettstreetproperties.com/homes/114431217
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    4442 27th Avenue W Seattle, WA 98199

    • Price: $2,150,000
    • Status: Active
    • ID#: 1733451
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1989
    Built
    Neighborhood:
    Interbay
    County:
    King
    Area:
    Queen Anne/Magnolia
    Property Description
    Excellent investment opportunity in Magnolia's Fisherman's Terminal area. The property is 100% occupied by an A-credit tenant, on a NNN lease with a 2015 base year for property taxes. The 5,964 SF building features 18 foot ceilings, 3-phase 480v power, metal roof, dock high and grade level loading doors, 3 private restrooms, large showroom and a small office area. The 11,565 SF lot is zoned IG2 U/65 has a fully fenced yard area and parking for multiple vehicles. Current lease is through 6/30/2024 and Tenant has one 5-year option to extend. Please don't disturb tenant.
    Exterior Features

    Carport YN No Covered Spaces 0 Exterior Features Metal/Vinyl Foundation Details Slab Open Parking YN No Parking Total 13 Parking Uncovered Total 13 Roof Metal Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

    Interior Features

    Ceiling Height 18' Fireplace YN No Flooring ConcreteCarpet Furnished Unfurnished

    Property Features

    Building Features Disabled Access Electric Expense 0 Electric On Property YN No Expansion Area True First Right Of Refusal False Fuel Expense 0 Gross Adjusted Income 110300 Gross Scheduled Income 110300 Insurance Expense 0 Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 46-50 Net Operating Income 96995 Possible Use CommercialIndustrialIndustrialOfficeRetailSee Remarks Property Condition Very Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 12712 Tax Year 2021 Total Expenses 13305 Utilities Sewer Connected Water Sewer Garbage 0 Water Source Public Zoning Class CommercialIndustrialIndustrial-LightOfficeRetailSee Remarks Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Pickett Street Properties and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-14T00:14:52.497.

     
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    Pickett Street Properties
    22614 Bothell Everett Hwy
    Bothell WA, 98021
    Listing Courtesy of Windermere Real Estate Midtown.