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6820 Greenwood Avenue N

Seattle, WA 98103
  • $2,400,000
  • STATUS: Pending
  • ON SITE: 98 days
  • ID#: 1756381
Under Contract
UPDATED: 66 min ago
$2,400,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Ratings & Info

Listing Courtesy of Windermere Real Estate Co..

Description

Desirable mixed-use building located in the heart of the vibrant Phinney Ridge community. The property is comprised of Oliver's Twist (leased through 8/2023), a staple in the neighborhood since 2007, the currently owner-occupied and soon-to-be retiring Johnson & Johnson Antiques, and a 1 bed/1 bath apartment. With high visibility and a Walkscore of 91, this building is well-suited as a rarely available owner/user opportunity with live-in potential. The diversified unit mix allows flexibility for a new owner/user or as an income producing asset. The 5,636 SF lot (zoned NC2-55 (M)) has future redevelopment potential making this a wise long-term investment.

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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 Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-05T07:14:29.297.

www.betterpropertieslacey.com/homes/116552407
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6820 Greenwood Avenue N Seattle, WA 98103

  • Price: $2,400,000
  • Status: Pending
  • Updated: 66 min ago
  • ID#: 1756381
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1929
Built
Neighborhood:
Phinney Ridge
County:
King
Area:
Ballard/Greenlake
Property Description
Desirable mixed-use building located in the heart of the vibrant Phinney Ridge community. The property is comprised of Oliver's Twist (leased through 8/2023), a staple in the neighborhood since 2007, the currently owner-occupied and soon-to-be retiring Johnson & Johnson Antiques, and a 1 bed/1 bath apartment. With high visibility and a Walkscore of 91, this building is well-suited as a rarely available owner/user opportunity with live-in potential. The diversified unit mix allows flexibility for a new owner/user or as an income producing asset. The 5,636 SF lot (zoned NC2-55 (M)) has future redevelopment potential making this a wise long-term investment.
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features BrickCement/ConcreteMetal/VinylWood Foundation Details Poured ConcreteSlab Open Parking YN No Parking Total 2 Parking Uncovered Total 2 Roof Flat Site Frontage 70 Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Fireplace YN No Flooring Ceramic TileConcreteVinylCarpet Furnished Unfurnished Heating Cooling Type BaseboardForced Air Heating YN Yes Interior Features Ceramic TileConcrete

Property Features

Electric Expense 6286 Electric On Property YN No First Right Of Refusal False Fuel Expense 1283 Gross Adjusted Income 146039 Gross Scheduled Income 152125 Insurance Expense 2558 Irrigation Water Rights YN No Listing Terms Cash Out Lot Number 1-2 Net Operating Income 105809 Possible Use CommercialMulti-FamilyRetailSee Remarks Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 17417 Tax Year 2021 Total Expenses 40230 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 4984 Water Source Public Zoning Class CommercialMulti-FamilyRetailSee Remarks Zoning Jurisdiction City

Listing information © 2021 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 Better Properties Lacey 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 Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-05T07:14:29.297.

 
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Better Properties Lacey
3201 Willamette Dr NE, Ste E
Lacey WA, 98516
Listing Courtesy of Windermere Real Estate Co..