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About the Listing 7083 - 49708
96% leased remodeled office building with ample off-street parking. This 4-story office building has incredible views of fisherman's terminal & ship canal from every floor. It features a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, and hospital grade HEPA filtration system. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or owner-user to acquire an updated property with stabilized income from long-term tenants. The current cap rate w/ in-place below market rent is 5.30%. Cap rate increases to over 8% once 3 small available suites are leased. Please don't disturb current tenants.
Listing Highlights for 4241 21st Ave W
Status
Pending
Days on Site
239
Property Type
Commercial Sale
MLS ®
2321503
Year Built
1979
Total Square Footage
0
Lot/Acreage
0.28
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Concrete,Laminate,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceramic Tile,Concrete,Laminate
- Water: Seattle Public Utilities
Exterior Details
- Lot Description: Zoning: Business,Commercial,Industrial,Industrial-Light,Office
- Garage Capacity: N/A
- Parking Spaces: 23
- Lot Dimensions: 100 x 120
- Zoning: Business,Commercial,Industrial,Industrial-Light,Office
- Roof: Built-Up,Flat
- Others: Cement/Concrete,Wood Products
- Sewer: Seattle Public Utilities
Financial Details
- Tax Amount: $42,020
- Taxes w/Assessments: N/A
- Tax/Property ID: 2771100445
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
4241 21st Ave W Seattle, WA 98199
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