Bought with Keller Williams Downtown Sea
$650,000
$650,000
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12608 Renton AVE S Seattle, WA 98178
6,275 Sqft Lot
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Skyway
MLS Listing ID 1537962
Sold Date 12/24/19
Style 75 - Retail
Year Built 1968
Annual Tax Amount $5,767
Lot Size 6,275 Sqft
Property Description
Highly Visibility Location in Skyway! Zoning is CBSO (Community Business Zone Special District Overlay). Allows for Multi-Family, Office, Retail & Mixed Use Development to be permitted up to 35'. Skyway is considered outside of Seattle City Limits. Building SQFT - 4,161 sitting on a 6,275 SQFT Lot. Single Tenant Retail Building, currently used by an Owner User for Storage. Proforma $15 / SQFT / Year / MG Lease | Proforma NOI: $44,315 | Proforma Cap Rate: 6.8%
Location
State WA
County King
Area 360 - Skyway Area
Interior
Interior Features Concrete
Flooring Concrete
Fireplace No
Exterior
Exterior Feature Cement/Concrete
Utilities Available Sewer Connected, Electricity Available
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157