Fully leased, 100% occupied four tenant commercial investment opportunity along the Delridge Way SW corridor in West Seattle. This income producing asset combines established in place cash flow with long term redevelopment optionality, offering investors immediate income and future flexibility. Approximately 12,180 SF of building area situated on a 13,232 SF site with prominent Delridge frontage, strong visibility and convenient access to West Seattle, Downtown Seattle and major regional transportation routes. Diversified tenancy includes two NNN lease spaces, providing multiple income streams within a stabilized asset. NC3 55 (M) zoning offers potential for future commercial and mixed-use redevelopment, subject to City of Seattle requirements and buyer verification. Well, positioned for private investors, 1031 exchange buyers, developers and long-term holders seeking a strategically located Seattle infill asset. Acquire stabilized income today while preserving redevelopment optionality for the future. Buyer to independently verify all information.
Fully leased, 100% occupied four tenant commercial investment opportunity along the Delridge Way SW corridor in West Seattle. This income producing asset combines established in place cash flow with long term redevelopment optionality, offering investors immediate income and future flexibility. Approximately 12,180 SF of building area situated on a 13,232 SF site with prominent Delridge frontage, strong visibility and convenient access to West Seattle, Downtown Seattle and major regional transportation routes. Diversified tenancy includes two NNN lease spaces, providing multiple income streams within a stabilized asset. NC3 55 (M) zoning offers potential for future commercial and mixed-use redevelopment, subject to City of Seattle requirements and buyer verification. Well, positioned for private investors, 1031 exchange buyers, developers and long-term holders seeking a strategically located Seattle infill asset. Acquire stabilized income today while preserving redevelopment optionality for the future. Buyer to independently verify all information.
Neighborhood
Type
County
King
Area
140 - West Seattle
Tax Amount
$15,593
Status
Active
Listing #
2586807
Built
1946
Lot Size
0.30
Listed on site
28 days