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SDC South 5811-5833 6th Ave S 25,500 SF 10% Leased Flex Building Seattle, WA 98108 $9,800,000 ($384.31/SF)
Investment Highlights
- 1.00 acre site in Georgetown Design Center suitable for broad commercial uses
- Potential to have entire Building vacated
- Adjacent to the Seattle Design Center
- 11,500 RSF currently available in the middle of the building for Owner/User
- All Suites have direct parking lot access
- Owner/user can enjoy approximately $30,000/Month in Net Tenant Income
Executive Summary
Free-standing retail or office/flex building at 5811 6th Ave S in Seattle's Design District core. Approximately 25,500 SF on one level. Glass storefronts with awnings define the building’s architectural centerpiece.
The single-story design accommodates retail, showroom, office, and roll-up door flex uses. Street-level space totals ±25,500 SF with broad storefront exposure to 6th Ave S. There is currently an approximately 11,500 SF vacancy which is ideal for an owner/user to occupy. The owner/user buyer will also enjoy net rent from three tenants of approximately $30,000/Month. The location suits an owner-user seeking identity or an investor targeting an adaptable, office/showroom building in the region’s dominant design trade area. The asset’s visibility, loading, on site parking, and vertical service core align with merchandising, show-rooming, and creative office concepts.
Call Brokers to discuss an attractive assumable loan that is in place through 2030.
The single-story design accommodates retail, showroom, office, and roll-up door flex uses. Street-level space totals ±25,500 SF with broad storefront exposure to 6th Ave S. There is currently an approximately 11,500 SF vacancy which is ideal for an owner/user to occupy. The owner/user buyer will also enjoy net rent from three tenants of approximately $30,000/Month. The location suits an owner-user seeking identity or an investor targeting an adaptable, office/showroom building in the region’s dominant design trade area. The asset’s visibility, loading, on site parking, and vertical service core align with merchandising, show-rooming, and creative office concepts.
Call Brokers to discuss an attractive assumable loan that is in place through 2030.
Property Facts
| Price | $9,800,000 | Rentable Building Area | 25,500 SF |
| Price Per SF | $384.31 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1967 |
| Property Type | Flex | Parking Ratio | 1.37/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 0.99 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | IG-2 - Industrial | ||
| Price | $9,800,000 |
| Price Per SF | $384.31 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.99 AC |
| Rentable Building Area | 25,500 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 1.37/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IG-2 - Industrial |
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 11,504 SF | Office/Retail | Partial Build-Out | Now |
1st Floor
| Size |
| 11,504 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 11,504 SF |
| Space Use | Office/Retail |
| Build-Out | Partial Build-Out |
| Available | Now |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 273810-0380 | Improvements Assessment | $3,989,700 |
| Land Assessment | $2,613,300 | Total Assessment | $6,603,000 |
Property Taxes
Parcel Number
273810-0380
Land Assessment
$2,613,300
Improvements Assessment
$3,989,700
Total Assessment
$6,603,000
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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