8212-8218 Greenwood Ave N - Storefront Retail/Residential FOR SALE


Seattle, WA 98103- Greenwood
$5,500,000 USD
206-300-0115
8212-8218 Greenwood Ave N, Seattle, WA for Sale
$5,500,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 4.57% Cap Rate

8212-8218 Greenwood Ave N
Seattle, WA 98103
Greenwood


OVERVIEW

A rare opportunity to own a stabilized, cash-flowing asset in one of Seattle’s most sought-after neighborhoods. Located in the vibrant Greenwood district, this investment is within walking distance of bus routes and downtown Greenwood’s retail, dining, and entertainment scene. This mixed-use property features five ground-floor retail spaces and seven well-appointed apartments. The apartment floor plans include: 3 one-bedrooms, 2 studios, and 2 two-bedrooms. With on-site laundry and 21 dedicated parking spaces, this property offers convenience and appeal for both residents and businesses alike. With a strong cash flow and prime location, this turn-key asset delivers immediate income potential in a high-demand market. Additionally, the parcel is zoned NC2P55, the parking lot alone could support a residential development, buyer to verify.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

4.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

NC2P-55(M)

APN/PARCEL ID

643050-0227

ASK ABOUT THIS PROPERTY

Ben KaufmanCompassMore Info
206-300-0115

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Ben KaufmanCompassMore Info
206-300-0115

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