4442 27th Avenue W Seattle, WA 98199

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$2,150,000

Market Estimate

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0.27 Acres
Commercial
Listing# 1733451

Listing provided courtesy of: Windermere Real Estate Midtown

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Views: 4 Days On Site: 3

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Thursday 25 Feb

Friday 26 Feb

Saturday 27 Feb

Sunday 28 Feb

Monday 01 Mar

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Property Details

Description

Excellent investment opportunity in Magnolia's Fisherman's Terminal area. The property is 100% occupied by an A-credit tenant, Praxair, on a NNN lease with a 2015 base year for property taxes. The 5,964 SF building features 18 foot ceilings, 3-phase 480v power, metal roof, dock high and grade level loading doors, 3 private restrooms, large showroom and a small office area. The 11,565 SF lot is zoned IG2 U/65 has a fully fenced yard area and parking for multiple vehicles. Current lease is through 6/30/2024 and Tenant has one 5-year option to extend. Please don't disturb tenant.

General Features
- County Or Parish King
- Furnished Unfurnished
- MLS Area Major 700 - Queen Anne/Magno
- Property Sub Type Commercial Industrial
- Special Listing Conditions None
- Style Code 60 - Comm Bldg Und 10K
- Subdivision Name Interbay
- Tax Annual Amount 12712
- Tax Year 2021
- Year Built 1989
Building Features
- Approximate Building Square Feet 5964
- Approximate Office Square Feet 790
- Approximate Warehouse Manufacturing Square Feet 5174
- Building Area Total 0
- Building Area Units Square feet
- Building Features Disabled Access
- Exterior Features Metal/Vinyl
- Flooring Concrete, Carpet
- Foundation Details Slab
- Living Area 0
- Living Area Units Square feet
- Roof Metal
Property Features
- Carport Y/N No
- Covered Spaces 0
- Irrigation Water Rights Y/N No
- Lot Size Acres 0.2655
- Lot Size Square Feet 11565
- Lot Size Units Square feet
- Open Parking Y/N No
- Parking Total 13
- Sewer Sewer Connected
- Topography Level
- Utilities Sewer Connected

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Neighborhood

98199 (Seattle) Demographics

41 Median Age

5,018 Population Density (per sq. mile)

75% College Educated

$93,189 Estimated Median Income

5,994 Estimated Total Home Owners

3,273 Estimated Total Renters

65% / 35% Estimated Owner / Renter Divide

3 Estimated Average Household Size

21,017 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$1,107,000 Median Sales Price

36 Homes Sold

42 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source	New Value: $2,150,000
2/22/2021 4:02:00 PM	New in Database Source	New Value: $2,150,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

4442 27th Avenue W $2,150,000