7301 5th AVE NE #A Active

Seattle,WA 98115

$ 950000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Green Lake

MLS Listing ID 2336277

Style 73 - Office

HOA Fees $902/mo

Year Built 1999

Property Sub-Type Commercial Industrial

Property Description

A great investment property, fully leased through May 2028. This ground-floor 2,177 SF commercial condo has direct street access to 5th Ave NE, the neighborhood arterial, and is just 2 blocks from Greenlake. CAP rate is currently 4.77% and expected to escalate over the remaining 3 years of the lease. Newly built out as medical and treatment spaces, with lovely details throughout, including reception area, conference room, coffee room with connections for washer and dryer, a private office in the back. Fully ADA compliant. Two designated, covered parking spaces adjoin the condo, and another designated parking space in the underground garage (elevator access to main floor). Close to the new Swedish Medical Center at Greenlake.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Concrete

Building

Sewer Sewer Connected

Water Public

Others

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