Homes for sale - 4241 21st AVE W, Seattle, WA 98199

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Best Choice Realty

rachellewillhite@live.com +1(206) 947-0811

Listed by Windermere Real Estate Midtown Lauren Hendricks

$2,500,000

Est. payment - /mo

0.28 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Magnolia

MLS Listing ID 2321503

Style 61 - Comm Bldg Ovr 10K

Year Built 1979

Annual Tax Amount $42,002

Lot Size 0.275 Acres

Lot Dimensions 100 x 120

Property Sub-Type Commercial Industrial

Property Description

Remodeled 4-story office building featuring a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or an owner-user to acquire an updated property with stabilized income from long-term tenants with below market rents. Flexible leases allowing a new owner to occupy a portion or all of the building. 4.6% cap rate based on current income and 62% occupancy. Actual 10%+ cap rate with 90% occupancy. Please don't disturb current tenants.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Ceramic Tile, Concrete, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood Products

Roof Type Built-Up,Flat

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES

Elementary Schools 20

10

Lawton Elementary School

Public | KG - 5
9

John Hay Elementary School

Public | KG - 5
9

Frantz Coe Elementary School

Public | KG - 5
8

Catharine Blaine K-8 School

Public | KG - 8
8

West Woodland Elementary School

Public | KG - 5
8

Salmon Bay K-8 School

Public | KG - 8
8

Whittier Elementary School

Public | KG - 5
8

Loyal Heights Elementary School

Public | KG - 5
8

North Beach Elementary School

Public | KG - 5
7

B F Day Elementary School

Public | KG - 5
7

Daniel Bagley Elementary School

Public | KG - 5
7

Greenwood Elementary School

Public | PK - 5
6

Queen Anne Elementary School

Public | KG - 5
6

Adams Elementary School

Public | KG - 5
6

Whitman Middle School

Public | KG - 8
4

Cascade Parent Partnership Program

Public | KG - 12
0

Private School Services

Public | PK - 12
0

St Anne School

Private | PK - 8
0

Alcuin School

Private | PK - TKG
0

Residential Consortium

Public | PK - 12

Middle Schools 2

7

McClure Middle School

Public | 6 - 8
0

Education Service Centers

Public | 6 - 12

High Schools 3

10

Ballard High School

Public | 9 - 12
9

The Center School

Public | 9 - 12
0

Middle College High School

Public | 9 - 12

School and business data provided by Attom Data.

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Best Choice Realty

+1(206) 947-0811

Broker | License ID: 18833

Broker License ID: 18833

4241 21st AVE W Seattle, WA 98199

Best Choice Realty

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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4241 21st AVE W