About this home

This 10,800 SF three-story property at the intersection of Capitol Hill and Downtown Seattle is located within the Pike/Pine corridor with proxiity to employment, retail, entertainment, and residential amenities. The property is currently leased to an established tenant at $12,000 per month + NNN Expenses. Potential repositioning strategies include mixed-use residential apartments with retail, hotel or hostel accommodations, gallery or artist spaces, work lofts, creative or traditional office uses, or continued operation as a membership-based private club. The in-place cash flow offers a foundation from which to evaluate future repositioning or redevelopment strategies, while the property’s central location and building configuration provide multiple avenues for long-term value creation. Exterior: Wood Frame; Heat: Hot Water; Roof: Flat - TPO Membrane; Zoning: NC3P-95 (M)

Exterior features

See Remarks

Property details

Heating: See Remarks
Cooling: None

Estimate your monthly payment

$10,103/mo

Principal & interest: $10,103

Down payment (20%) $399,600 Interest rate (%) Loan term (years)

Loan amount $1,598,400

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98101

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Westlake Associates, Inc.— Peter D. Hiatt.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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