1600 S Jackson St - Office/Residential FOR SALE


Seattle, WA 98144- Atlantic
$3,500,000 USD
425-890-7919
1600 S Jackson St, Seattle, WA for Sale
$3,500,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

1600 S Jackson St
Seattle, WA 98144
Atlantic


HIGHLIGHTS

  • Site is primed for redevelopment and benefits from the pedestrian designation.
  • Located within an “Opportunity Zone” which is designed to provide tax incentives to investors.
  • Located towards the top of the hill to the east, this site will provide expansive views in all direction from the upper floors of any new development.

OVERVIEW

ORION Commercial Partners is excited to offer for sale a unique redevelopment opportunity at the northeast corner of 16th Ave S and South Jackson Street in Seattle, WA. This 3 parcel assemblage has been home to the Seafood Products Association for many years. The 13,612 square foot site is currently developed as a 2-story 8,000 square foot office building originally built in 1926. Zoned NC3P-55, the site is primed for redevelopment and benefits from the pedestrian designation which encourages an intensely pedestrian-oriented retail shopping district where non-auto modes of transportation, both within the district, are strongly favored. Additionally, the property is located within an “Opportunity Zone” which is designed to provide tax incentives to investors.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Food Processing, Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

NC3P-55 (M)

APN/PARCEL ID

331950-0675,331950-0685,331950-0695

ASK ABOUT THIS PROPERTY

David ButlerORION Commercial PartnersMore Info
425-890-7919

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David ButlerORION Commercial PartnersMore Info
425-890-7919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.