2221 Queen Anne Avenue N
Seattle, WA 98109
0.12 acres | #2313581
Description
Incredible opportunity to acquire a prime property with 45 FT of street frontage on top of Queen Anne Hill! Half of the 7,836 SF building is retail space occupied by a long-term tenant (F45 Gym) on a NNN lease. The remaining 3,918 SF is being used by the current owner for car storage --- providing a new owner with the flexibility to use the discreet 10+ car garage themselves, or lease it out for additional income. Annual rent and NNN reimbursement from the retail tenant is $130,319. Tenant has 3% annual base rent increases until 7/31/29 plus one 5-year option to extend at market rate. Extremely well-built building with interior ADA lift, air conditioning, and newer roof. 5,400 SF lot zoned NC2P-55(M). Please don't disturb current tenant.
Interior Details
- InteriorConcrete
Property Details
- Exterior MaterialsBrick, Wood, Wood Products
Measurements
- Acres0.124
Construction Details
- Style60 - Comm Bldg Und 10K
- Property TypePurchase
Condition
- Year Built1990
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionQueen Anne
Location
- CountyKing
Financial Details
- Original List Price$3,500,000
- Taxes Annual$21,006
- Days on Market (Cumulative)1
Other
- MLS #2313581
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-04 01:39:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Lauren Hendricks (#NWM49708)
Listing Office: Windermere Real Estate Midtown (#NWM7083)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
