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Incredible opportunity to acquire a 14,291 SF mixed-use building with huge rental upside and future development potential. Located in the vibrant Broadview neighborhood, near the Seattle Golf Club, Greenwood Plaza is home to a diverse blend of tenants including popular local restaurants, a brewery, storage and an apartment.Possible owner-user opportunity by combining suites (up to 10K SF) with leases coming up for renewal, or new ownership may increase rents to market and secure a cap rate in the low 7% range.The 14,400 SF site is only 2 miles from the S. Shoreline/148th St light rail station (under construction), & near thriving retail centers and new housing. NC2P-55(M) zoning offers excellent development potential.
- Neighborhood
- Type
- CountyKing
- Area705 - Ballard/Greenlake
- StatusActive
- Listing #2244408
- Built1928
- Lot Size0.33
- Listed on site344 days
Listed by:
RE/MAX Metro Realty, Inc.
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-05-09 02:29:12. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Oct 11, 2024 | 7 mos ago | Price decreased289,000 (9%) | $2,799,000 |
| May 29, 2024 | 11 mos ago | New on market | $3,088,000 |
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