Property summary
This exceptional 11,093 square foot commercial property, located at 1215 S Bailey St, Seattle, WA 98108, presents a unique investment opportunity. Currently configured as a multi-tenant shop and office space, it offers immediate occupancy of 2,500 square feet of vacant space. The building is served by Seattle City Light and boasts two parking spaces. The property is zoned C 240, providing flexibility for a variety of uses. The total building size is 11,093 square feet. The annual property taxes are $15,699.65. This prime Seattle location offers excellent visibility and accessibility, making it ideal for businesses seeking a high-traffic area. The existing tenant mix provides a stable income stream, while the available space allows for expansion or the addition of new tenants. The property's versatile zoning and ample square footage make it suitable for a wide range of commercial ventures. This is a rare opportunity to acquire a well-located, established commercial property in a thriving Seattle neighborhood. The property's strategic location and flexible layout offer significant potential for growth and return on investment. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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