Listing courtesy of Windermere Real Estate Midtown 206-527-5445
$1,150,000
Strong in-place income (current 7.6% cap rate!) with excellent development potential! The building is currently configured with two residential units (one two-bedroom and one studio) along with three commercial spaces, creating diversified and reliable income streams. The mixed-use layout offers flexibility for future repositioning or optimization based on market demand.… Read More The property offers a new owner the opportunity to adjust rents, refine the tenant mix, or utilize the space for partial or full owner occupancy. The standalone design enhances functionality and access, appealing to both residential tenants and commercial users alike. Located in a high-visibility area of Lake City, the property benefits from consistent foot and vehicle traffic, making it well-suited for retail or service-oriented businesses. NC55 zoning adds further versatility and long-term value. Read Less
Listing courtesy of Windermere Real Estate Midtown 206-527-5445
Listing Snapshot
Cumulative Days On Market
15
Days on Website
15
Last Updated
Property Type
Commercial Industrial
Lot Size
0.1 Acres
Year Built
1946
Property Tax
$5,834
MLS Number
2507045
30 Days Snapshot Of 98125
$826k
0%
(avg) sold price
33
-15%
homes sold
56
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 6, Structure Type: "Unspecified", Year Built: 1946, Year Built Effective: 2000
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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