REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Berkshire Hathaway HS NW
$ 1,599,950
Est. payment | /mo
0.34 Acres Lot
$ 1,599,950
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Beacon Hill
MLS Listing ID 2251004
Style 60 - Comm Bldg Und 10K
Year Built 1960
Annual Tax Amount $20,412
Lot Size 0.340 Acres
Lot Dimensions 153x125x59x131x37
Property Description
INCOME PROPERTY: Great overall investment with a 6% capitalization rate with long term, 10 year lease in place. $10,000 monthly income on a single tenant gross lease. Landlord pays Taxes and insurance, tenant pays all utilities. Long term, well respected Produce stand with over 14,800 sq. feet of NC155 (M) zoned property. Great investment property with fixed constant monthly income. True 6% capitalization rate.
Location
State WA
County King
Area 385 - Sodo/Beacon Hill
Interior
Interior Features Concrete
Flooring Concrete
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.