7220 Woodlawn Ave - Freestanding FOR SALE


Seattle, WA 98115- Green Lake
$4,275,000 USD
206-793-1074
7220 Woodlawn Ave, Seattle, WA for Sale
$4,275,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

7220 Woodlawn Ave
Seattle, WA 98115
Green Lake


HIGHLIGHTS

  • Extensive Remodel in 2008 - Essentially Plug and Play for the right Owner/User.
  • Sought Out Strategic Location in North Seattle - Very Walkable & Bikeable
  • Ease access to Major Routes, 10-Minute commute to Downtown Seattle, 20-Minute Commute to Bellevue
  • Strong Demographics: High Average Household Incomes and Home Values with Significant Consumer Spending Power

OVERVIEW

Currently, the building is operated as “The Great Hall at Green Lake” event space. In addition to it being an event space, the first level is rented out to a preschool daycare along with some administrative offices. The third floor consists of small office suites mostly made up of counseling offices. This rare and unique opportunity can appeal to a variety of different owner/users types as most of the existing tenants are on short-term leases such that almost all of the building can be available over time to an owner/ user if desired. 2008 Renovation Itemized List: All new electrical & wiring, All new plumbing, Foundation repair, NE side of building Seismic retrofit of building, New vertical lift/elevator, ADA bathrooms, Asbestos abatement, Lath and plaster repair, Roof replacement (Soprema Platinum) NOL Overlay

FOR SALE DETAILS

PRICE

$4,275,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Great Hall Green Lake

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,900 SF

ZONING

NC2P-75 (M)

APN/PARCEL ID

952810-1446

ASK ABOUT THIS PROPERTY

Scott ClementsORION Commercial PartnersMore Info
206-793-1074

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Scott ClementsORION Commercial PartnersMore Info
206-793-1074

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