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536 5th Ave W - Mercer West 1,319 SF Office/Retail Condo Unit Offered at $695,500 in Seattle, WA 98119



Investment Highlights
- Turn-Key Fully-Equipped Hair Salon
- Easy Walking distance to Seattle Center & Major Attractions.
- Extensive Renovation in 2006
- 3 Parking Spaces included - Potential for Additional Stalls
Executive Summary
The Subject condominium is one of only two commercial condominiums in the building that totals 32 residential units. Three (3) parking stalls are deeded in the sale and additional stalls are available.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 545500-0331 |
| No. Parking Spaces | 3 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 545500-0331 |
Description
Reception Area, 5-Work Stations, 10 Styling Chairs,
3 Shampoo Bowls, Private Office, Break Room,
Restroom (Separate Shower), Utility/Laundry
Room, 2 Water Heaters & Basement Storage.
All Furniture, Fixtures & Equipment are included in sale.
3 Shampoo Bowls, Private Office, Break Room,
Restroom (Separate Shower), Utility/Laundry
Room, 2 Water Heaters & Basement Storage.
All Furniture, Fixtures & Equipment are included in sale.
Sale Notes
Strategically located on the highly desirable South Slope of Queen Anne Hill,
sits a fully equipped beauty salon that can be open for business tomorrow! The
current Owner, Lisa Power Salon, has owned the commercial suite since 2006
and is an award-winning salon with an excellent reputation. This Condo is on
the “50-yard line” in the City with the Space Needle, Climate Pledge Arena,
Opera House, Seattle Center, and SIFF are just a short walk away. The synergy
of this Uptown neighborhood is unmatched as it is a designated Arts & Culture
hub of Seattle. Space can be converted to any other business or professional
offices such as for lawyers, accountants, insurance, real estate etc. (Sorry no
restaurant or coffee shop.) Current Tenant on a “Month-to-Month” Tenancy
paying $6,150/mo. (Rent: $6,000 + Extra Parking: $150).
sits a fully equipped beauty salon that can be open for business tomorrow! The
current Owner, Lisa Power Salon, has owned the commercial suite since 2006
and is an award-winning salon with an excellent reputation. This Condo is on
the “50-yard line” in the City with the Space Needle, Climate Pledge Arena,
Opera House, Seattle Center, and SIFF are just a short walk away. The synergy
of this Uptown neighborhood is unmatched as it is a designated Arts & Culture
hub of Seattle. Space can be converted to any other business or professional
offices such as for lawyers, accountants, insurance, real estate etc. (Sorry no
restaurant or coffee shop.) Current Tenant on a “Month-to-Month” Tenancy
paying $6,150/mo. (Rent: $6,000 + Extra Parking: $150).
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102 | 1,319 SF | Office/Retail | $695,500 ($527.29/SF) | - |
Unit 102
| Unit Size |
| 1,319 SF |
| Condo Use |
| Office/Retail |
| Price |
| $695,500 ($527.29/SF) |
| NOI |
| - |
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Unit 102
| Unit Size | 1,319 SF |
| Condo Use | Office/Retail |
| Price | $695,500 ($527.29/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 545500-0331 |
| Description | |
| Reception Area, 5-Work Stations, 10 Styling Chairs,<br> 3 Shampoo Bowls, Private Office, Break Room,<br> Restroom (Separate Shower), Utility/Laundry<br> Room, 2 Water Heaters & Basement Storage.<br> <br> All Furniture, Fixtures & Equipment are included in sale.</li></ul> | |
| Sale Notes | |
| Strategically located on the highly desirable South Slope of Queen Anne Hill,<br> sits a fully equipped beauty salon that can be open for business tomorrow! The<br> current Owner, Lisa Power Salon, has owned the commercial suite since 2006<br> and is an award-winning salon with an excellent reputation. This Condo is on<br> the “50-yard line” in the City with the Space Needle, Climate Pledge Arena,<br> Opera House, Seattle Center, and SIFF are just a short walk away. The synergy<br> of this Uptown neighborhood is unmatched as it is a designated Arts & Culture<br> hub of Seattle. Space can be converted to any other business or professional<br> offices such as for lawyers, accountants, insurance, real estate etc. (Sorry no<br> restaurant or coffee shop.) Current Tenant on a “Month-to-Month” Tenancy<br> paying $6,150/mo. (Rent: $6,000 + Extra Parking: $150).</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
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Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
536 5th Ave W - Mercer West
