401 S Webster St - Warehouse FOR SALE


Seattle, WA 98108- South Park
$5,250,000 USD
425-233-9522
401 S Webster St, Seattle, WA for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

401 S Webster St
Seattle, WA 98108
South Park


HIGHLIGHTS

  • Owner/User Warehouse with Value-Add & Redevelopment Potential
  • Rare 1.26-Acre Secured Industrial Lot | 33,975 SF Yard
  • Unmatched Logistics Location
  • Seller Financing Available
  • Robust Electrical Infrastructure
  • Flexible MML U/85 Zoning

OVERVIEW

The Brown Group of Marcus & Millichap has been selected to exclusively market for sale or lease South Seattle Industrial, a fully secured 1.26-acre lot in Seattle's primary industrial corridor. The property features a 19,000 SF warehouse, 4,220 SF of office, mezzanine and additional storage, along with a 33,975 SF fully secured yard. The 23,225 SF building offers an efficient office-to-warehouse ratio, four dock-high loading positions, three grade-level loading doors, and multiple points of ingress and egress. Situated less than half a mile from the convergence of SR-509 and SR-99, the property offers exceptional access to the Port of Seattle, Boeing Field, Sea-Tac International Airport, Downtown Seattle, I-5, and the Kent Valley Industrial Corridor. The building is equipped with an 800-Amp, 3-Phase, 240V High-Leg Delta electrical service. The property is zoned Maritime, Manufacturing & Logistics (MML U/85), permitting a broad range of industrial, manufacturing, warehouse, logistics, contractor, marine-related, and commercial uses. South Seattle remains one of the Pacific Northwest's most supply-constrained industrial submarkets, with limited developable land and restrictive zoning continuing to support strong occupancy fundamentals and long-term appreciation. Seller financing is available with flexible terms, including interest-only or fully amortizing structures.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Seattle Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

4

DRIVE INS

3

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.26

LAND SF

55,000

ZONING

MML U/85

APN/PARCEL ID

732790-5955

ASK ABOUT THIS PROPERTY

Trevor LaneMarcus & MillichapMore Info
425-233-9522

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

Trevor LaneMarcus & MillichapMore Info
425-233-9522

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