5639 California Ave SW - Office FOR SALE


Seattle, WA 98136- Seaview Seattle
$1,490,000 USD
206-214-5468
5639 California Ave SW, Seattle, WA for Sale
$1,490,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

5639 California Ave SW
Seattle, WA 98136
Seaview Seattle


HIGHLIGHTS

  • Office Space ideally built and ready for your use today
  • Two-fold increase in Development Potential w/ impending City's Rezone
  • Ideal: Owner - Operator with Investor mindset

OVERVIEW

Unique opportunity to own a flexible office property along California Ave SW in the heart of West Seattle. The property includes approximately 3,096 SF across two buildings on a 7,500 SF, 50' × 150' lot, with four on-site parking spaces. The existing Group B office layout can accommodate one, two, or three tenants, providing several ownership strategies. A buyer can occupy the entire property, create multiple rental suites, or operate a business from one portion while leasing the balance. Existing improvements include a kitchenette, bathrooms, separate shower, common yard, signage and excellent visibility along California Ave SW. The property is currently zoned LR3 RC (M) and also offers potential longer-term redevelopment upside. The site is within an area affected by the City of Seattle’s ongoing Comprehensive Plan and zoning-update process. Any proposed zoning change has not been adopted and is not guaranteed. Buyer to independently verify permitted uses, building and suite configuration, rental potential, current and future zoning, and development potential. • $1,480,000 Asking Price • 7,500 SF Site — 50' × 150' • Approx. 3,096 SF Existing Improvements • Two Buildings • Flexible 1-, 2- or 3-Tenant Office Configuration • Group B Office Occupancy • 4 On-Site Parking Spaces • Owner-User + Rental Income Potential • Current Zoning: LR3 RC (M) • Potential Longer-Term Redevelopment Opportunity • Prominent California Ave SW Location • Own Today. Position for Tomorrow.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$482 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LR3 RC

APN/PARCEL ID

762570-1436

ASK ABOUT THIS PROPERTY

Susi MusiCompassMore Info
206-214-5468

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Susi MusiCompassMore Info
206-214-5468

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