3404-3410 NE 55th St - Restaurant FOR SALE


Seattle, WA 98105- Ravenna
$2,000,000 USD
3404-3410 NE 55th St, Seattle, WA for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/10
null | 2.95% Cap Rate

Jun '25


3404-3410 NE 55th St
Seattle, WA 98105
Ravenna


HIGHLIGHTS

  • Highly visible
  • Mixed-Use
  • Development Possibility

OVERVIEW

Excellent investment opportunity in the North Seattle Bryant area, near University Village. This multi-unit property has a great rental history with long-term tenants. Alley access offers additional parking as well as a 2-car garage. The lot itself is zoned NC1-40 which allows development of a mixed-use property that would allow both residential and retail. Build up to the height limits and encompass a spectacular view in a sought-after neighborhood. You could keep the property as an investment, use it as an owner-occupied business, or offset your holding costs with rental income while obtaining development permits. This is a win-win-win!

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$714 USD /SF

CAP RATE

2.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,478 SF

ZONING

NC1-40

APN/PARCEL ID

882790-1385

ASK ABOUT THIS PROPERTY

GLENDA FABRIZIOWindermere Real Estate/Northwest, IncMore Info

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GLENDA FABRIZIOWindermere Real Estate/Northwest, IncMore Info

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