General Retail For Sale • 3,200 SF
| • PRIME LOCATION Situated in Columbia City, one of Seattle’s fastest-growing urban neighborhoods with exceptional connectivity and a thriving culture. |
| • DEVELOPMENT OPPORTUNITY Zoned NC2-55(M), the paved parking lot area is ready for a 55 ft. multifamily project. |
| • “COVERED LAND” CURRENT INCOME The property provides $126,886 annual net operating income with scheduled rental increases. |
| • STRONG MARKET FUNDAMENTALS A high demand location with average market occupancy consistently above 95% serving a highly educated tenant base. |
| • NEWLY RENOVATED BUILDING The Marination Restaurant has benefited from significant tenant improvement and building upgrades. |
| • CORE PROVEN LOCATION Only minutes from the Columbia City Station, a 95% “walking score”, great restaurants, shopping and services. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Seattle (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) | 14 min | - | 4.2 mi |
| King Street Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit) | 14 min | - | 4.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| Columbia City (Lynnwood - Angle Lake - Sound Transit) | 2 min | 8 min | 0.4 mi |
| Airport | Drive | Walk | Distance |
| Seattle-Tacoma International | 24 min | - | 10.2 mi |
| Seattle Paine Field International | 44 min | - | 28.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |