206-292-6007
2901-2937 Utah Ave S, Seattle, WA for Sale
Manufacturing - FOR SALE
1/3
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2901-2937 Utah Ave S
Seattle, WA 98134


HIGHLIGHTS

  • Approximately 49,500 rentable sq. ft. leased to Washington Chain & Supply (Lease is terminable with 24 months notice)
  • IG1/85 zoning allows for a variety of industrial uses
  • Convenient access to I-5, I-90 and Downtown Seattle
  • 8,880 sq. ft. of excess land also available for sale at 85 South Lander Street
  • Ideally located in Seattle’s industrial district of SoDo
  • Strong investment market and low interest rate environment

OVERVIEW

CBRE, Inc. is pleased to offer for sale the building and land associated with 2901 Utah Avenue South, in Seattle, Washington, a single-tenant industrial property in SoDo. The 49,500 square foot building is occupied on a terminable lease to Washington Chain & Supply, a marine supply company serving marine, industrial and offshore industries, maintaining one of the largest inventories of domestic and foreign, new and used anchors, anchor chains, and fittings in the U.S. Located on approximately 135,000 SF of land in the industrial district of SoDo, the Property offers a highly unique investment and development opportunity for investors. The Property, consisting of 135,300 square feet of land, is zoned IG1/85 (General Industrial 1), allowing for a variety of industrial uses with a height limit of 85 feet. In addition, 8,880 sq. ft. of excess land located at 85 South Lander Street could be available to a potential purchaser. The owner is offering the Property to qualified potential purchasers on a fee-simple, cash-at-close basis. Investors and users with interest in the site are encouraged to discuss and pursue suitable acquisition approaches within these parameters. The owner reserves the right to review and consider offers and/or refuse any or all offers in its sole discretion.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Washington Chain & Supply

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

1

DRIVE INS

5

PARKING SPACES

14

LAND DETAILS

LAND ACRES

3.11

LAND SF

135,472

ZONING

IG1 U/85, Seattle

APN/PARCEL ID

766620-7360

ASK ABOUT THIS PROPERTY

206-292-6007

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206-292-6007

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