755 Bellevue Avenue E, Seattle, WA 98102
- $5,200,000
Listing courtesy of Berkshire Hathaway HS NW.
- List Price
- $5,200,000
- Status
- ACTIVE
- MLS#
- 2227134
- Days on Market
- 1
- Annual Tax Ammount
- 35842
Property Description
Redevelopment opportunity, very rare Capitol Hill prime property with sweeping view of downtown, So Lake Union to the Olympics. Re-zoned from NC1-40 to NC1-55(M). Redevelop for more retail/office and multifamily! Driscoll Architects did a study in 2005 for 24 units when zoning was still NC1-40. Perhaps another 7 units can be added in now. Anchors NW corner Bellevue Ave E/Bellevue Pl E. Current tenants: The Lookout pub, Midnight Jiu Jitsu, recent vacant space occupied by landscape architects for over 60 years. Don’t disturb tenants. Fantastic high density location with easy access to downtown, Lake Union, Broadway, I-5.
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Additional Information
- Community
- Capitol Hill
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1933
- Roof
- Flat
- Tax Year
- 2024
- Potential Terms
- Conventional
- Driving Directions
- from Denny Way, north on Bellevue Ave E about 10 blocks. On corner of Bellevue Ave E, Bellevue Ct E, Bellevue Pl E.
- Energy Source
- Electric, Natural Gas
- Buyer Agency Compensation
- 2
- Net Operating Income
- $57,866
- Gross Adjusted Income
- $62,323
- Gross Scheduled Income
- $85,092
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