Excellent corner lot w/ Tenants FOR SALE in NE Seattle-Northgate New Mall & Transit

FOR SALE -Pinehurst Retail Building –  11552 15th Ave NE Seattle, WA 98125
Investment Price – $2,975,000 see video

Introducing Northgate’s newest development opportunity on busy 15th ave NE in Seattle. Great entry price point for almost any type of entrepreneur or investor/developer. Perfect location for builders to build now or investors to buy and hold. Property cash flows from (2) retail tenants. Great location with building sitting on about half the lot and the other half for parking. On the NW corner of 16,259 sq ft lot is a long standing food truck tenant with over 10 years in successful operation. The building is exceptional with half-barrel roof style which allows the building to experience a wide open floor plan. The 900 sq foot, 2nd floor is an added bonus, including back-to-back restrooms offers many options. This large 5,656 Sq ft building has back-to-back ADA rest rooms and utility closet on the first floor. This utility floor plan leaves plenty of options for flexible usage. Property is is zoned NC2-55 (M) and flat terrain ready for your mid rise production. Collect rents during entitlement stage and be part of vital NE Seattle, where malls, theaters, sports arenas and everyday coffee shop thrive and work.

BUY, BUILD & HOLD. SELL ON THE 21ST YR INVESTMENT STRATEGY

11552 15th Ave NE  Seattle, WA 98125

Property Highlights:

Retail: Freestanding

Size  : 5,656 SF, 0.37 Acres

Percent Occupied : 100%

Occupancy Type : Single Inside Tenant & (1) Outside Food Truck

Number of Buildings, Floors1 , 1- 900sf Upper Floor, back-to-back restrooms on each floor

Year Built : 1945

 

                              FOR SALE – CORNER RETAIL

LARGE OPEN FLOOR PLAN- NO POSTS IN THE WAY

                            LARGE CORNER PARKING LOT

                           MAIN FLOOR 11552 15th Ave NE Seattle

                              11552 15th Ave NE Seattle Top Floor Drawing