5200 Rainier Avenue S, Seattle, WA 98118

$1,575,000

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Listing courtesy of Liberty Real Estate, LLC.

List Price
$1,575,000
Status
ACTIVE
MLS#
2417927
Price Change
▼ $5,000 1775629465
Days on Market
635
Annual Tax Ammount
10568.56

Property Description

Price Reduced! Investment Opportunity! Beautiful Commercial Building in Columbia City and a big Diamond in the heart of Hillam City.. Present it is a Medical Clinic. Building has 5 offices and 1.5 baths. The property could be used for many different businesses, or it could redeveloped. Zoning NC255 (M). Don't miss out on this rare opportunity to owe the commercial property. It closes to I5, I90, shopping centers and restaurants. Now t is the time to invest. Buyer/broker to verify all information. Bring your buyers and make an offers.

Additional Information

Community
Columbia City
Building Condition
Very Good
Style
73 - Office
Year Built
1986
Tax Year
2023
Potential Terms
Cash, Conventional
Flooring
Laminate, Carpet
Driving Directions
From Alaska Street, turn right in Rainier Ave. then you will see the building in the left-hand side. You can use the google map
Electric Expenses
3600
Energy Source
Electric
Net Operating Income
$73,352
Gross Adjusted Income
$3,600
Gross Scheduled Income
$139,614
Water/Sewer/Garbage Expenses
$4,200
Cap Rate
4.1
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Calculator source: Real Geeks