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    2420 2nd Avenue

    Seattle, WA 98121
    • $16,500,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: 1658262
    UPDATED: 69 min ago
    $16,500,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate Midtown.

    Description

    Incredibly rare opportunity to acquire 19,440 SF of land in the heart of downtown Seattle's Belltown neighborhood! Property consists of 2 adjacent corner lots separated by an alley. 2420 2nd Ave is zoned DMR/C 95/65 & features a 6,480 SF remodeled office building occupied by a single tenant until 12/31/21 (NNN lease). 2421 3rd Ave is 12,960 SF zoned DMR/R 145/65 & is operated as a 48 stall parking lot. Unsurpassable location close to Pike Place Market, Space Needle, South Lake Union & the CBD.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-16T23:13:39.697.

    www.alchemyre.com/homes/109806757
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    2420 2nd Avenue Seattle, WA 98121

    • Price: $16,500,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 1658262
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    1928
    Built
    Neighborhood:
    Belltown
    County:
    King
    Area:
    Belltown/Downtown Seattle
    Property Description
    Incredibly rare opportunity to acquire 19,440 SF of land in the heart of downtown Seattle's Belltown neighborhood! Property consists of 2 adjacent corner lots separated by an alley. 2420 2nd Ave is zoned DMR/C 95/65 & features a 6,480 SF remodeled office building occupied by a single tenant until 12/31/21 (NNN lease). 2421 3rd Ave is 12,960 SF zoned DMR/R 145/65 & is operated as a 48 stall parking lot. Unsurpassable location close to Pike Place Market, Space Needle, South Lake Union & the CBD.
    Exterior Features

    Carport YN No Covered Spaces 0 Exterior Features Brick Foundation Details Poured Concrete Open Parking YN No Parking Total 48 Parking Uncovered Total 48 Roof Flat Site Frontage 120 Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

    Interior Features

    Ceiling Height 14 Cooling YN Yes Fireplace YN No Flooring Ceramic TileCarpet Furnished Unfurnished Heating Cooling Type Forced AirHeat Pump Heating YN Yes Interior Features Heat PumpCeramic Tile

    Property Features

    Building Features Disabled AccessSignage Included Electric Expense 0 Electric On Property YN No First Right Of Refusal False Fuel Expense 0 Gross Adjusted Income 441701 Gross Scheduled Income 441701 Insurance Expense 0 Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 4-6 Net Operating Income 380472 Possible Use CommercialMulti-FamilyOfficeResidentialRetail Power Production Type ElectricNatural Gas Property Sub Type Commercial Industrial Sewer AvailableSewer Connected Special Listing Conditions None Tax Annual Amount 87076 Tax Year 2020 Total Expenses 61229 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 0 Water Source Public Zoning Class CommercialMulti-FamilyOfficeResidentialRetail Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Alchemy Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-16T23:13:39.697.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1658262-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1658262-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1658262-1.jpg
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    Alchemy Real Estate
    2921 Eastlake Ave E
    Seattle WA, 98102
    Listing Courtesy of Windermere Real Estate Midtown.