2218 1st Ave - Bar FOR SALE
Seattle, WA 98121 |
2218 1st Ave
Seattle, WA 98121
HIGHLIGHTS
- Two-story retail asset primed for redevelopment in the highly sought-after Belltown neighborhood in Seattle, Washington.
- Both a demo permit and building permits have been obtained (conveyed with the property), and crane swing and tie back easements are in place.
- Rare opportunity to invest in the distinctly coveted Seattle Market with a premier multi-family redevelopment site with ground-floor retail potential.
- Conveniently zoned in the DMR/C 95/65 Downtown Mixed Residential/Commercial District allows for FAR of Daily short-term rental for 18 units(2 floors).
- Premier downtown location catering to a multitude of residents and businesses, and just a short walk to the Amazon Campus which employs 50,000 people.
- Subject to 2015 Energy code, approximate cost savings of $1.25M +/-.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
First & Bell Fully Permitted MF Investment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bar
TOTAL BUILDING SIZE
8515
STORIES
2
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
197720-0646
