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- LoopNet Team
11300 25th Ave NE
Seattle, WA 98125
Office Property For Sale
PROPERTY FACTS
AMENITIES
- Storage Space
- Partitioned Offices
ABOUT 11300 25TH AVE NE , SEATTLE, WA 98125
Split zone NC3-40, LR3 site allows for mixed-use, apartment, or townhome redevelopment. 2-story building on 10,000 sq ft corner lot in NC3-40, LR3 Zoning (up to 4-story mixed-use) right off of busy Lake City Way NE. Collect rent while working towards redevelopment. In the alternative, 5,628 sq ft of office space available to owner/user. Tenant is owner/user. Currently, 10 parking spaces available in the lower lot, can be increased to 20 spaces if the steel storage unit is removed. 2018 expense for natural gas was $1,285. Tenant has a back-up generator powered by natural gas sometimes used for heat. 2018 expense for electric was $2,511. Tenant has a computer server farm which uses a higher than normal amount of electricity. Current rent is $5,000/month and tenant pays for all maintenance. Current annual insurance premium is $1,031.
PROPERTY TAXES
| Parcel Number | 890250-0091 | Improvements Assessment | $451,400 |
| Land Assessment | $1,032,500 | Total Assessment | $1,483,900 |
PROPERTY TAXES
