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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 |
|---|---|---|---|
| King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 13 min | - | 4.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| ST Light Rail & Columbia City Station (SB) (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 3 min | 8 min | 0.4 mi |
| ST Light Rail & Columbia City Station (NB) (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 2 min | 10 min | 0.5 mi |
| Columbia City (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 3 min | 10 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| Seattle-Tacoma International | 25 min | - | 10.2 mi |
| Seattle Paine Field International | 44 min | - | 28.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Brian Leibsohn
Linc Properties
Brian Leibsohn
Linc Properties
