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2007 NE Ravenna Blvd
Seattle, WA 98105
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime location on arterial
- Standalone home with 2 units and a Retail Cafe
- Successful, well established business included in sale price
EXECUTIVE SUMMARY
Unique property in Ravenna location, close to UVillage, UW and Stadiums. Mixed use with duplex and small cafe/retail store. Cafe/Retail business included in sale, grosses over $400k annually. Potential income on duplex up to $4,500 monthly or go Air BnB and gross up to $7k monthly. Sale of property includes successful cafe & retail store and a standalone house with 2 units.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
819 SF
Building Class
C
Year Built/Renovated
1916/1990
Price
$1,825,000
Price Per SF
$2,228.33
Cap Rate
6.12%
NOI
$111,690
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.08 AC
Zoning
SF 5000
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 221800-0060 | Improvements Assessment | $338,900 |
| Land Assessment | $440,600 | Total Assessment | $779,500 |
PROPERTY TAXES
Parcel Number
221800-0060
Land Assessment
$440,600
Improvements Assessment
$338,900
Total Assessment
$779,500
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2007 NE Ravenna Blvd
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