4626 21st Ave NE - Specialty FOR SALE


Seattle, WA 98105- University District
$8,350,000 USD
206-550-1308
4626 21st Ave NE, Seattle, WA for Sale
$8,350,000 USD
Specialty - FOR SALE
1/7
null | Request Cap Rate

4626 21st Ave NE
Seattle, WA 98105
University District


HIGHLIGHTS

  • Premier, flat, 20,000 sq ft development site in UW's Golden Square
  • Full Due Diligence package available upon request
  • Entitlements available for a permitted +/-150 unit student housing building in the final stages
  • Demo Permit in hand

OVERVIEW

Premier University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate). Call Michael Brewer at 206-550-1308 with questions.

FOR SALE DETAILS

PRICE

$8,350,000 USD

PRICE/SF

$737 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UW Development Site

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,000 SF

ZONING

LR3 (M)

APN/PARCEL ID

092504-9092

ASK ABOUT THIS PROPERTY

Michael BrewerAlchemy Real EstateMore Info
206-550-1308

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Michael BrewerAlchemy Real EstateMore Info
206-550-1308

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