The Kalberg Building is a classic 1920s masonry mixed-use investment opportunity located in the vibrant University District (U-District), near the University of Washington. The property features ground-floor retail with offices above. The second-floor office space could be considered for an owner/user wanting as much as 6,184 square feet. The second-floor space is demised well and currently has minimal income in place while waiting for new tenants.
This superb building is home to a nice mix, with the first floor fully leased to service, restaurant, and retailer tenants, with second-floor office space available for new office tenants or an Owner User. In addition, the property has basement storage, while the elevator serves all three floors.
Positioned between NE 45th Street and NE 47th Street in the U-District, the Kalberg Building is highly visible to the surrounding community. Within walking distance of shopping, dining, and entertainment amenities, this property is surrounded by the best this location has to offer. Adjacent to the University of Washington, where over 31,367 students study, business owners have access to a strong talent pool of educated individuals eager to put their knowledge into practice. For even broader reach, this exceptional office building is near Interstate 5, with easy commutes to Downtown Seattle in less than 15 minutes. Don’t miss the chance to own the most ideal spot within the U-District at the Kalberg Building.