1313 E Pine Street, Seattle, WA 98122

$4,100,000

Listing courtesy of Paragon Real Estate Advisors.

List Price
$4,100,000
Status
PENDING
MLS#
1959649
Days on Market
42

Property Description

This is a rare opportunity to own a move in ready office building with additional income sources from 13’ height basement flex space and leased parking lot income. This is a modern open concept building with bright and open spaces featuring private offices, and 33+ cubicle spaces that meet small and medium business needs with the potential to expand further. This property also provides an owner/investor the opportunity to own a premier located property with endless possibilities from expansion to development.

Additional Information

Community
Capitol Hill
Style
73 - Office
Year Built
1969
Roof
Flat
Tax Year
2022
Driving Directions
From downtown Seattle, head northwest toward Madison St. Continue on Madison St to 13th Ave. Follow 13th Ave.
Other Expenses
10220
Net Operating Income
$178,556
Gross Adjusted Income
$224,994
Gross Scheduled Income
$236,836
Cap Rate
4.36
Vacancy Rate
5
Total Expenses
$46,438
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