2720-2722 Eastlake Ave E

    Seattle, WA 98102
    • $7,750,000
    • STATUS: Pending
    • ON SITE: 119 days
    • ID#: 1547029
    Under Contract
    UPDATED: 26 min ago
    $7,750,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Listing Courtesy of Westlake Associates, Inc..

    Description

    The building is a nearly fully occupied NNN Office building, offering a return on investment for developers while permits are being obtained. Site is zoned NC2P-65, allowing for mixed-use development, creating unobstructed views of downtown Seattle and Lake Union. Development has potential for retail and up to 100 residential units. The property is a large corner lot with adjacent alley space. A second parcel (APN #195970-1180) is included in the sale, with the total lot size of 15,092 SF.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-07T19:14:34.493.

    www.roystonteam.com/homes/101614560

    2720-2722 Eastlake Ave E Seattle, WA 98102

    • Price: $7,750,000
    • Status: Pending
    • Updated: 26 min ago
    • ID#: 1547029
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    1970
    Built
    Neighborhood:
    Eastlake
    County:
    King
    Area:
    Central Seattle/Genesee/Columbia Cty
    Property Description
    The building is a nearly fully occupied NNN Office building, offering a return on investment for developers while permits are being obtained. Site is zoned NC2P-65, allowing for mixed-use development, creating unobstructed views of downtown Seattle and Lake Union. Development has potential for retail and up to 100 residential units. The property is a large corner lot with adjacent alley space. A second parcel (APN #195970-1180) is included in the sale, with the total lot size of 15,092 SF.
    Exterior Features

    Exterior Brick Lot Depth 0 Roof Flat Site Frontage 0 Style 73 - Office Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 0 Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 2.61 Electrical Expenses 0 EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-FamilyRetail Gross Adjusted Income 352051 Gross Rent Multiplier 0 Gross Scheduled Income 352051 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3429 Net Operating Income 202401 Other Expenses 68096 Possession Closing Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Tax Amount 395774 Tax Year 2018 Terms AssumableCash Out Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 38548 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Royston Team at Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-07T19:14:34.493.

     
    The Royston Team at Keller Williams Realty
    Poulsbo WA, 98370
    Listing Courtesy of Westlake Associates, Inc..