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Great Lake Union – High CAP Property

1628, Dexter Ave, Seattle, WA 98109
$2,975,000

Description

Great Lake Union – High CAP Property (Status: Pending)

1628, Dexter Ave, Seattle, WA  98109

Amazing income producing property in a perfect Lake Union location. (3 units—two commercial spaces at ground level and an upper floor unit that can be used as office, a two bedroom apartment, or a live/work combination) Minutes to all downtown, SLU, Queen Anne, Westlake and Lake Union amenities. The property has been wonderfully improved with updated systems (new windows, plumbing, electrical) while maintaining the details of its timeless charm. Extremely strong financial statements and a very high cap rate (6%) make this a great portfolio property.

Listing Details

Asset Class: Retail
Year Built:
Building Total Square Feet: 3211
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: NC3

CBA

Listing Courtesy of: Lake & Company Real Estate

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: 1628, Dexter Ave, Seattle, WA 98109
  • City: Seattle
  • State/county: WA
  • Zip/Postal Code: 98109
  • Neighborhood: Lake Union
  • Country: United States

Detail

Updated on June 29, 2022 at 12:45 am

  • Property ID: 647375
  • Price: $2,975,000.00/For Sale
  • Property Size: 3211 Sq Ft
  • Property Type: Retail
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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