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