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1628 Dexter Ave
Seattle, WA 98109
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,360 SF
Building Class
C
Year Built/Renovated
1932/2016
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.54
Lot Size
0.05 AC
Zoning
NC3P-55
Parking
2 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
49’ on Dexter Ave

AMENITIES

  • Bus Line
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signage

ABOUT 1628 DEXTER AVE , SEATTLE, WA 98109

Marcus & Millichap has been selected to exclusively market for sale the 1628 Dexter Building in Seattle, WA. The Property consists of a three-story, 3,360 square foot mixed-use structure on the corner of Dexter Ave N and Hayes Street, in the South Lake Union Neighborhood of Seattle. The Property is 100% occupied by The Toledo, Pot Shot and D3; each tenant occupies an entire floor of the building. All Tenants are on NNN leases, and reimburse for taxes, insurance and utilities. The site is zoned NC3P-40, allowing for development up to 40 feet in height, which creates additional development upside. The Owners (D3) occupy the entire 3rd floor. There is potential for the Owners to vacate the floor for an owner-user purchaser. Owners will also consider extending their lease term for investor buyers. The 3rd floor can be converted to a residential use without any additional permitting, creating an opportunity for a buyer to live in the space, or lease the floor as an apartment unit.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
880790-0225
Land Assessment
$488,000
Improvements Assessment
$1,913,200
Total Assessment
$2,401,200
  • Listing ID: 11294404

  • Date on Market: 1/18/2018

  • Last Updated:

  • Address: 1628 Dexter Ave, Seattle, WA 98109

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