Provided by NWMLS, Listed by Berkshire Hathaway HS NW

Active

4500 15th Avenue S, -1818

Seattle WA, 98108

$1,599,950


Active

Commercial

Built in 1960

INCOME PROPERTY: Great overall investment with a 6% capitalization rate with long term, 10 year lease in place. $10,000 monthly income on a single tenant gross lease. Landlord pays Taxes and insurance, tenant pays all utilities. Long term, well respected Produce stand with over 14,800 sq. feet of NC155 (M) zoned property. Great investment property with fixed constant monthly income. True 6% capitalization rate.

2251004

MLS ID

June 17, 2024

Listed

December 21, 2024

Updated

Map

4500 15th Avenue S, -1818
Seattle WA, 98108

Interior Features

Interior Features

Concrete


Floor Description

Concrete


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Unit(s)

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

Wood


Roof

Metal


Sewer

Sewer Connected

Other Property Details

Area Name

385 - SODO/Beacon Hill


Taxes

$20,412


Tax Frequency

Annually


Garage

No


Parking Total

20


View

No


County

King


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/20/2024

Price change

$1,599,950

-10%

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/22/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/22/2024 at 8:00 PM UTC . 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.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 12/22/2024 at 8:00 PM UTC 

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