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3200 3rd Ave W - Redevelopment Opportunity in Seattle, WA 41,776 SF Specialty Building Offered For Sale in Seattle, WA 98119



Investment Highlights
- The subject property is located on 3rd Ave W, with great access to State Route 99, approximately one mile away.
- Additionally, the property is located in close proximity to major transit lines.
- The north building is 20,544± square feet is used as a school.
- The property is surrounded by both low and high density residential and is across the street from Seattle Pacific University.
- The south building is 21,232± square feet and is used as a church, featuring a large sanctuary and other amenities.
- The property has a paved parking lot with 102± parking spaces.
Executive Summary
Ownership is seeking a creative deal structure that would allow the congregation to remain on-site, serving both the community and future development.
Property Facts
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Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,261,000 | |
| Land Assessment | $14,914,200 | Total Assessment | $21,175,200 |
Property Taxes
Parcel Numbers
Land Assessment
$14,914,200
Improvements Assessment
$6,261,000
Total Assessment
$21,175,200
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