Listing courtesy of Sound Realty Group Inc
Property Description

Multiple investment & development strategies abound in this offering featuring two properties – a stabilized 4plex & a commercial retail bldg leased by Wedgwood Ale House. The properties may be purchased individually or together & both offer the opportunity to retain current tenants or vacate them to coincide with a development timeline. Zoned NC2P-55, the parcels have been studied for vertical development; highest & best use would be a 5 story mixed-use w/ 32 apt units & 1400 SF of retail space (see OM for feasibility). 4plex tenants just below market rent, 0 vacancy since 2003. Apt NOI:$60,432/yr. Ale house lease through 2023, below market rent. Corner lots w/ fantastic location in the heart of bustling Wedgwood, so much opportunity!

Address Map
USA
WA
King
Seattle
98115
85th
3246
Street
0
W123° 42' 31.2''
N47° 41' 25.5''
Additional Listing Information
710 - North Seattle
North on 35th Ave, left on 85th St
Wedgwood
Provided
0
0
60 - Comm Bldg Und 10K
33438
2021
Flat,Torch Down
: Wood, Wood products, Brick
: High Efficiency - 90%+, Forced Air, Hot Water Recirc Pump, Double Pane/storm Window, Water Heater, Ice Maker
: Concrete, Laminate, Carpet
: Poured concrete
: Public
Sound Realty Group Inc
Chelsea Shapiro
Active
NWM117185
0 Sqft
NWM6444

Commercial Sale For Sale

3246 85th Street, Seattle, Washington 98115

0 Bedrooms
0 Bathrooms
10,938 Sqft
$3,342,000
NWMLS # #NWM1875986
Basic Details
Property Type : Commercial Property
Listing Type : For Sale
NWMLS # : NWM1875986
Price : $3,342,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1968
Lot Area : 10,938 Sqft
Agent info
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