2611 California SW Ave Seattle, WA 98116-2404

This exceptional West Seattle investment opportunity presents a three-story, 9,100 square foot mixed-use building at 2611 California Ave SW, Seattle, WA 98116. The property, built in 1924, sits on a 0.13-acre lot (APN 9276200025) and is zoned NC2P-55(M). The building boasts a strong anchor tenant, Mudbay Pet Company, occupying 3,570 square feet of street-level retail space. Upstairs, three one-bedroom, one-bathroom apartments (each 545 sq ft) and one studio apartment (395 sq ft) provide consistent rental income. A 3,500 square foot storage warehouse in the basement offers additional revenue potential. The asking price is $2,500,000, representing a $274.73 per square foot price and a $625,000 per unit price. The property offers a 5.87% cap rate and is offered as a NNN lease. This unique combination of retail, residential, and storage space makes it an ideal investment for those seeking diversified income streams in a thriving urban location. The property's excellent location ensures high visibility and accessibility, making it a prime spot for both commercial operations and residential living.