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Tangletown Cornerstone 2106-2110 N 55th St 10,260 SF 100% Leased Retail Building Seattle, WA 98103 $4,725,000 ($460.53/SF) 5.69% Cap Rate
Investment Highlights
- Unbeatable location in the heart of North Seattle, with close proximity to Green Lake
- Year 1 estimated NOI upwards of $269,000
- Tenants include award winning restaurants, well established businesses, and stable residents
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,260 SF
Building Class
B
Year Built/Renovated
1910/2004
Price
$4,725,000
Price Per SF
$460.53
Cap Rate
5.69%
NOI
$269,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.04
Lot Size
0.23 AC
Zoning
NC1-40 - Neighborhood commercial
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 385690-3370 | Improvements Assessment | $1,777,700 |
| Land Assessment | $2,412,000 | Total Assessment | $4,189,700 |
Property Taxes
Parcel Number
385690-3370
Land Assessment
$2,412,000
Improvements Assessment
$1,777,700
Total Assessment
$4,189,700
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