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Ballard Choice Deli & Grocery

6415, 8th Ave, Seattle, WA 98117
$1,950,000

Description

Ballard Choice Deli & Grocery (Status: Pending)

6415, 8th Ave, Seattle, WA  98117

Ballard Choice Deli & Grocery offers an exceptional opportunity for an investor to enjoy stable cash flow in a low-maintenance property. The tenant has occupied the site for over twenty-four years and has a current lease through May of 2026 producing a Net Operating Income of $74,100 in 2019 with 3.8% annual increases. With a recently completed $150,000 remodel and heavy retail traffic, this long-term tenant is here to stay. Hold and enjoy the cash flow for as long as you please, then redevelop when the time is right! The property is zoned NC2P-40 (Neighborhood Commercial, Pedestrian Corridor, 30’ height limit). FAR for this property is currently 3.0, plus any HALA additional FAR.

Listing Details

Asset Class: Retail
Year Built: 1976
Building Total Square Feet: 3408
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: NC2-30

CBA

Listing Courtesy of: Lee & Associates Commercial Real Estate Services

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 6415, 8th Ave, Seattle, WA 98117
  • City: Seattle
  • State/county: WA
  • Zip/Postal Code: 98117
  • Neighborhood: Fremont/Ballard
  • Country: United States

Detail

Updated on May 19, 2019 at 8:52 pm

  • Property ID: 611861
  • Price: $1,950,000.00/For Sale
  • Property Size: 3408 Sq Ft
  • Property Type: Retail
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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