Provided by NWMLS, Listed by Windermere Real Estate Midtown

Active

2221 Queen Anne Avenue N

Seattle WA, 98109

$3,500,000


Active

Commercial

Built in 1990

Incredible opportunity to acquire a prime property with 45 FT of street frontage on top of Queen Anne Hill! Half of the 7,836 SF building is retail space occupied by a long-term tenant (F45 Gym) on a NNN lease. The remaining 3,918 SF is being used by the current owner for car storage --- providing a new owner with the flexibility to use the discreet 10+ car garage themselves, or lease it out for additional income. Annual rent and NNN reimbursement from the retail tenant is $130,319. Tenant has 3% annual base rent increases until 7/31/29 plus one 5-year option to extend at market rate. Extremely well-built building with interior ADA lift, air conditioning, and newer roof. 5,400 SF lot zoned NC2P-55(M). Please don't disturb current tenant.

2313581

MLS ID

December 3, 2024

Listed

December 17, 2024

Updated

Map

2221 Queen Anne Avenue N
Seattle WA, 98109

Interior Features

Interior Features

Concrete


Floor Description

Concrete, Engineered Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.12 Acres


Exterior Features

Brick, Wood, Wood Products


Roof

Flat


Sewer

Sewer Connected

Other Property Details

Area Name

700 - Queen Anne/Magnolia


Taxes

$21,006


Tax Frequency

Annually


Garage

No


Parking Total

12


View

No


County

King


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/23/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/23/2024 at 2:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 12/23/2024 at 2:00 PM UTC 

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