5512 University Way NE, Seattle, WA 98105

$1,100,000

Listing courtesy of Keller Williams North Seattle. Selling Office: Blue Dot Real Estate.

Sold Price
$1,100,000
List Price
$1,300,000
Status
SOLD
MLS#
1177875
Closing Date
Jun 26, 2018
Days on Market
273
Annual Tax Ammount
6843

Property Description

NC2P-40 mixed-use bldg in future up zone area of U-District! Ideal site for developing with potential height limits increasing from 40’ to 65’. Bldg is in great condition & currently set up as a recording studio w/office space. Extensive work done to East shoring wall, elec, roof and HVAC. Bldg offers rare opportunity to generate income by renting the 3000 sqft space on a short or long-term basis while in the permitting stages or waiting for 65’ up zone approval. Parking in rear for 4 cars.

Additional Information

Community
University District
Building Condition
Good
Style
75 - Retail
Year Built
1926
# of Assigned Spaces
4
Roof
Built-Up, Flat, Torch Down
Tax Year
2017
Potential Terms
Cash Out, Conventional
Interior Features
Forced Air, Concrete
Flooring
Concrete
Driving Directions
Property located on University Way NE. Cross street is 55th.
Electric Expenses
388
Water/Sewer/Garbage Expenses
$74
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks