Property summary
This exceptional 2,880-square-foot storefront, located at 13045 Lake City Way NE in Seattle, Washington, 98125, presents a compelling investment opportunity. Built in 1957 and extensively renovated in 2020, this single-story, free-standing building boasts excellent visibility on a busy thoroughfare. The property features a prominent pole sign ensuring high exposure to passing vehicle traffic. Its strategic location is adjacent to Hell Bent Brewery and directly across from a Fred Meyer, guaranteeing significant foot and vehicle traffic. The building includes eight on-site parking spaces and a fenced yard on the north side. Inside, the air-conditioned space offers multiple restrooms, making it immediately ready for occupancy. The lot size is 7,356 square feet, and the property is zoned NC3-55(M). This single-tenancy building offers a rare combination of prime location, modern amenities, and high visibility, making it an ideal investment for a variety of businesses. The asking price is $970,000.
Property profile
VerifiedCap rate & NOI
Current use
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Kennel & Boarding Facility
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Kennel & Boarding Facility
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
NC3-55 (M) · Seattle, WAThe intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC3-55(M) in Seattle, WA.
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