12608 Renton Ave S, Seattle, WA 98178

$650,000

Listing courtesy of Keller Williams Downtown Sea.

List Price
$650,000
Status
ACTIVE
MLS#
1537962
Days on Market
36

Property Description

Highly Visibility Location in Skyway! Zoning is CBSO (Community Business Zone Special District Overlay). Allows for Multi-Family, Office, Retail & Mixed Use Development to be permitted up to 35'. Skyway is considered outside of Seattle City Limits. Building SQFT - 4,161 sitting on a 6,275 SQFT Lot. Single Tenant Retail Building, currently used by an Owner User for Storage. Proforma $15 / SQFT / Year / MG Lease | Proforma NOI: $44,315 | Proforma Cap Rate: 6.8%

Additional Information

Community
Skyway
Property Type
COMI
Building Condition
['Average']
Style
75 - Retail
Year Built
1968
Exterior
Cement/Concrete
Roof
Flat
Annual Taxes
$5,767
Tax Year
2019
Potential Terms
Cash Out, Conventional
ENS
Electric
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks