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Browse More Listings in Office For Sale, Seattle, WA or Washington

Office Property For Sale

115 W Mercer St

115 W Mercer St, Seattle, WA 98119

Price:
$1,445,000
Building Size:
9,840 SF
Price/SF:
$146.85
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Net Lease Investment with 1 years left on lease
Commission Split:
2.5%
Cap Rate:
5.40%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
6,240 SF
Find Out More...

Last Verified 10/8/2009 Listing ID 16425015

Description

Queen Anne, gold coast office/retail opportunity. Location is superb and building is fully leased. Buy now, save for later or move into building as an owner/user as space becomes available. Land is zoned NC2-40 with great development upside. Building consists of 4 tenants is different office/retail. Please do not disturb tenants. 14 parking places are part of the property. Property fronts West Mercer and has an alley down the east side. Low expenses, most leases are NN or NNN.

Building is one block west of Safeway (Tribeca Building) on West Mercer Street across from Bank of America.

Financial Summary

Actual
Net Operating Income
$36,125

Map of 115 W Mercer St, Seattle, WA 98119 (King County)

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Created 10/8/2009

Additional Information for 115 W Mercer Street, Seattle, WA 98119

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Office Property For Sale -

115 W Mercer St, Seattle, WA, 98119