4001 S Willow St $2,000,000

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    4001 S Willow St Seattle, WA 98118

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    $2,000,000

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    • 0.12 Acres
    • Commercial/Industrial
    • Listing# 1403242
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    Views: 5 Days On Market: 391

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    Property Details

    Excellent opportunity to own a commercially zoned property NC3-P85 (potential to build up to 85 foot height), located 1 block from Othello Light Rail Station. Value is in the land!! Sold as-is. Home features 1 bed/office and 1 full bath in upper level, lower level has 4 bedrooms and 1 bath. Current tenants are month to month, paying $2500 per month Feasibility Study to develop hotel or mixed property was done by the owner in 2017. Buyers to verify all info. to their satisfaction.

    • General Features
      • County King
      • Approx Building SqFt 1,880
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Business, Commercial, Office, Residential, Retail
      • Selling Office Commission 3%
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Metal/Vinyl, Wood Products
      • Foundation Poured Concrete
      • Roof Composition
      • Heating and Cooling Forced Air
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company Seattle Public Utilities
      • Energy Source Natural Gas
      • Power Company Seattle City Lights
      • Number of Available Pads 0
      • Lot Square Footage 5,148
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 1,880
      • Total Monthly Rent $2,500
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $30,000
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $3,745
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2018
      • Annual Assoc. Dues $0

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    Neighborhood

    98118 (Seattle) Demographics

    38 Median Age
    7,152 Population Density (per sq. mile)
    44% College Educated
    $56,745 Estimated Median Income
    9,128 Estimated Total Home Owners
    6,911 Estimated Total Renters
    57% / 43% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    44,686 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $604,975 Median Sales Price
    36 Homes Sold
    45 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,000,000
        1/24/2019 6:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.