6413 Phinney Ave N | Seattle, WA 98103
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- LoopNet Team
6413 Phinney Ave N
Seattle, WA 98103
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two investment properties on 1 lot in the heart of Phinney Ridge!
- 2nd building is a lovingly restored 2 bd/1 bth bungalow with hardwood floors, gas fireplace, private fully fenced yard and off-street parking
- Good visibility and signage, on a bus line and close to shops, restaurant, Woodland Park Zoo and Green Lake
- Rudy's Barbershop has occupied the 836 SF retail storefront for over 23 years & they currently have a lease through 6/30/24 with one 5 year option
- Excellent investment with a long-term tenant in place and the opportunity for an owner-user to occupy the 2nd structure
- Gross Scheduled Income: $66,000; Net Operating Income: $49,172; Cap rate: 5.17%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,766 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.09 AC
Zoning
LR3 RC
Parking
1 Spaces (0.57 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Fenced Lot
- Fireplace
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 952310-1505 | Improvements Assessment | $1,000 |
| Land Assessment | $916,500 | Total Assessment | $917,500 |
PROPERTY TAXES
Parcel Number
952310-1505
Land Assessment
$916,500
Improvements Assessment
$1,000
Total Assessment
$917,500
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