4442 27th Ave W, Seattle, WA 98199

$2,150,000

Listing courtesy of Windermere Real Estate Midtown.

List Price
$2,150,000
Status
ACTIVE
MLS#
1733451
Days on Market
0

Property Description

Excellent investment opportunity in Magnolia's Fisherman's Terminal area. The property is 100% occupied by an A-credit tenant, Praxair, 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.

Additional Information

Community
Interbay
Property Type
COMI
Building Condition
['Very Good']
Style
60 - Comm Bldg Und 10K
Year Built
1989
Exterior
Metal/Vinyl
Roof
Metal
Annual Taxes
$12,712
Tax Year
2021
Potential Terms
Cash Out, Conventional
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