305 NE 45th St | Seattle, WA 98105
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- LoopNet Team
305 NE 45th St
Seattle, WA 98105
Central Frame Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located in Seattle's prime Wallingford neighborhood less than one mile from the UW, and with more than 535,000 people residing within a 5-mile radius
- Short-term upside/Owner-user opportunity - Current lease ends at the end of June 2025 & market rates are much higher, or owner could occupy the space
- 8 surface off-street parking spaces offers customers and employees on-site parking, and the potential to sublease to a food truck or other parking use
- NNN lease with minimal landlord responsibilities – Tenant pays all expenses and maintaining the property with the exception of the roof and structure
- Long-term, stable tenant – Frame Central, a framing and image printing retail chain, has occupied the space for more than 20 years
- Pedestrian-oriented, walkable location on Wallingford’s primary retail corridor and boasting a walk score of 89, within a 10-min walk of 12+ buses
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,864 SF
Building Class
C
Year Built
1937
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
0.18 AC
Zoning
NC3P-55 (M)
Parking
8 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 313120-1260 | Improvements Assessment | $1,000 |
| Land Assessment | $2,616,900 | Total Assessment | $2,617,900 |
PROPERTY TAXES
Parcel Number
313120-1260
Land Assessment
$2,616,900
Improvements Assessment
$1,000
Total Assessment
$2,617,900
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