Property profile

1215 Bailey St Seattle, WA 98108

OFF-MARKET
Specialty properties
11,093 SF
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Property summary

AI-generated overview

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

Verified
Property type Specialty properties
Total area 11,093 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1215 Bailey St Seattle, WA 98108
Seattle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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