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8300 Wabash Ave S 708 SF Retail Building Seattle, WA 98118 $999,500 ($1,411.72/SF)
Executive Summary
Exceptional opportunity to own a commercial property in Seattle’s highly sought-after Rainier Valley. SELLER FINANCING available with flexible Terms. Value in the Land and cashflow. Situated on a prominent corner lot, this 708 SF commercial building sits on a 5,393 SF parcel zoned NC2-55(M), offering excellent long-term investment and redevelopment potential (buyer to verify permitted uses with the City of Seattle). The property is currently occupied by three tenants on short-term leases, generating approximately $4,200 per month in gross rental income, Tenants pay utilities, making it an attractive option for investors seeking immediate cash flow while exploring
future redevelopment opportunities. Conveniently located along a busy commercial corridor with strong visibility and access. Please do not disturb tenants. Signage on Building. Showings by appointment only.
future redevelopment opportunities. Conveniently located along a busy commercial corridor with strong visibility and access. Please do not disturb tenants. Signage on Building. Showings by appointment only.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
708 SF
Building Class
C
Year Built
1942
Price
$999,500
Price Per SF
$1,411.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
NC240
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 333600-0275 | Improvements Assessment | $1,000 |
| Land Assessment | $485,300 | Total Assessment | $486,300 |
Property Taxes
Parcel Number
333600-0275
Land Assessment
$485,300
Improvements Assessment
$1,000
Total Assessment
$486,300
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8300 Wabash Ave S