824 E Pike ST new to site Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98122
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Capitol Hill
MLS Listing ID 2327022
Style 60 - Comm Bldg Und 10K
Year Built 1913
Annual Tax Amount $17,607
Lot Size 1,429 Sqft
Property Description
Situated on a prominent corner in a pedestrian-oriented and transit-served retail corridor in Capitol Hill's Pike/Pine neighborhood, the Broadway State Building is a NNN leased property featuring 100% occupancy and a 6%+ current cap rate offered under $2M and approximately $500 per net rental square foot. The property features a perfect "Walker's Paradise". Walk score of 100 and is less than a mile from downtown and the Seattle Convention Center and within a 5 minute walk of Seattle Central College, Seattle University and many of Capitol' Hills employers and office spaces. The site offers +110 feet of frontage on E Pike/Broadway E and benefits from daily traffic counts of more than 10,350 vehicles heading in all directions.
Location
State WA
County King
Area 390 - Central Seattle
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional