Fully leased, 100% occupied four tenant commercial investment opportunity along the Delridge Way SW corridor in West Seattle. This income producing asset combines established in place cash flow with long term redevelopment optionality, offering investors immediate income and future flexibility. Approximately 12,180 SF of building area situated on a 13,232 SF site with prominent Delridge frontage, strong visibility and convenient access to West Seattle, Downtown Seattle and major regional transportation routes. Diversified tenancy includes two NNN lease spaces, providing multiple income streams within a stabilized asset. NC3 55 (M) zoning offers potential for future commercial and mixed-use redevelopment, subject to City of Seattle requirements and buyer verification. Well, positioned for private investors, 1031 exchange buyers, developers and long-term holders seeking a strategically located Seattle infill asset. Acquire stabilized income today while preserving redevelopment optionality for the future. Buyer to independently verify all information.
| MLS # | 2586807 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 18 |
| Listing Provided By | Lookup Realty | Sokhan Ou |
| Units | 4 |
|---|---|
| Zoning | Business,Commercial,Industrial-L |
| Acreage | 0.30 |
| Property | 15593 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98106 |
| Area | 140 West Seattle |
| Community Name | West Seattle |
| Listing VS Median (in West Seattle) | |
Price: $6,500,000 low | high Med: $650,000 On site: 18 low | high Med: 24 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98106 |
| Area | 140 West Seattle |
| Community Name | West Seattle |
| Listing VS Median (in West Seattle) | |
Price: $6,500,000 low | high Med: $650,000 On site: 18 low | high Med: 24 | |