4201 Aurora Ave N - Office FOR SALE


Seattle, WA 98103- Fremont
$1,775,000 USD
206-226-7014
4201 Aurora Ave N, Seattle, WA for Sale
$1,775,000 USD
Office - FOR SALE
1/12
null | 5.48% Cap Rate

4201 Aurora Ave N
Seattle, WA 98103
Fremont


HIGHLIGHTS

  • Highly visible, upgraded 4000+ sqft office building - perfect for owner-occupant
  • Immediate cash-flow from the NNN-leased upstairs tenant
  • Bonus SWIMMING POOL!

OVERVIEW

Rare opportunity to own a highly visible, upgraded 4,000+ square foot two-story office building on Aurora Avenue North, featuring an incredible indoor swimming pool asset. This property is tailor-made for an owner-occupant looking to anchor their business on the main floor while enjoying immediate, stable cash flow from the NNN-leased upstairs tenant secured on two 3-year terms, or buy as an investment with a 5.48 cap rate. Capital improvements offer peace of mind and maximum efficiency, including a solar panel system, electric car charging, a brand-new HVAC system, professional video surveillance system, and beautifully refreshed exterior landscaping. Absolute comfort and quiet are guaranteed by massive 1-inch-thick, argon-filled Sound Control Glassing windows boasting a 0.27 U-factor and 3.7 R-value—nearly double local building code standards. Previously fully occupied, the owner intentionally vacated the main floor to accommodate a seamless transition for the next buyer. Complete with private parking for 3+ vehicles and other off street parking, this premier high-visibility location perfectly balances excellent location, energy efficiency and reliable commercial income. In addition the building offers stunning views of downtown Seattle, The Cascade Mountains and Mt Rainier.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

5.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,440 SF

ZONING

C140

APN/PARCEL ID

569500-0205

ASK ABOUT THIS PROPERTY

Marlow HarrisSeattle Dream HomesMore Info
206-226-7014

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Marlow HarrisSeattle Dream HomesMore Info
206-226-7014

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