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2324 1st Ave - Austin Bell Building 4,918 SF Retail Condo Unit Offered at $2,300,000 in Seattle, WA 98121
INVESTMENT HIGHLIGHTS
- Suite R102 & R104
- 24' Ceilings
- Walkscore: 98 - Walker's Paradise
- Prime & Central Belltown Location
- Full Kitchen with Type 1 Hood
- Lounge/Restaurant Space
EXECUTIVE SUMMARY
The historic Austin A Bell building is a historic landmark, fully modernized systems, but maintaining the old world charm of it’s classic brick façade. The restaurant condo is located in the most densely populated neighborhood in Seattle, home to countless new, modern, upscale condos and apartments buildings, a variety of cafes, bars, night-life, eateries, and a handful of boutiques stores. The includes a full kitchen, bar, walk in cooler and Type 1 Hood as well as sidewalk seating. It contains 4375 SF of restaurant space with 24’ ceilings and 543 SF of additional office or private dining space above.
PROPERTY FACTS
| Total Building Size | 32,242 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,448 SF |
| Property Subtype | Apartment | Year Built | 1908 |
| Building Class | C | Lot Size | 0.24 AC |
| Zoning | DMRR 8565 | ||
| Total Building Size | 32,242 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 6,448 SF |
| Year Built | 1908 |
| Lot Size | 0.24 AC |
| Zoning | DMRR 8565 |
1 UNIT AVAILABLE
Unit R102 & 104
| Unit Size | 4,918 SF | Sale Type | Investment |
| Price | $2,300,000 | Cap Rate | 7.26% |
| Price Per SF | $467.67 | NOI | $166,980 |
| Condo Use | Retail | APN/Parcel ID | 065700-0020, 065700-0040 |
| Unit Size | 4,918 SF |
| Price | $2,300,000 |
| Price Per SF | $467.67 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| NOI | $166,980 |
| APN/Parcel ID | 065700-0020, 065700-0040 |
DESCRIPTION
The restaurant condo is located in the most densely populated neighborhood in Seattle, home to countless new, modern, upscale condos and apartments buildings, a variety of cafes, bars, night-life, eateries, and a handful of boutiques stores. The includes a full kitchen, bar, walk in cooler and Type 1 Hood as well as sidewalk seating. It contains 4375 SF of restaurant space with 24’ ceilings and 543 SF of additional office or private dining space above
SALE NOTES
The historic Austin A Bell building is a historic landmark, fully modernized systems, but maintaining the old world charm of it’s classic brick façade.
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Contact the Sale Advisor
2324 1st Ave - Austin Bell Building