1622 Queen Anne Avenue N, Seattle, WA 98109

$2,595,000

Listing courtesy of Columbia Partners Real Estate.

List Price
$2,595,000
Status
ACTIVE
MLS#
1972361
Days on Market
20

Property Description

Top of the hill income producing mixed use investment opportunity. Recently up-zoned to NC2P-55 ideal for development and assemblage. The Queen Anne Market Place is currently rented to multiple tenants showcasing it as a key pedestrian-oriented urban village shopping area. Ideal location walkable to dining, retail, & just about all Queen Anne has to offer. Don't miss this opportunity!

Additional Information

Community
Queen Anne
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1907
Roof
Composition
Tax Year
2022
Potential Terms
Cash Out
Interior Features
Ceramic Tile, Concrete, Hardwood
Flooring
Ceramic Tile, Concrete, Hardwood, Vinyl
Driving Directions
W Mercer St North on Queen Anne Ave N. Top of the hill next to Umpqua Bank
Heating/Cooling Type
Baseboard
Electric Expenses
500
Energy Source
Electric
Net Operating Income
$112,657
Gross Adjusted Income
$112,657
Gross Scheduled Income
$127,200
Water/Sewer/Garbage Expenses
$1,500
Cap Rate
4.5
Total Expenses
$14,543
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