4014 Aurora Ave N Unit B $1,450,000

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    4014 Aurora Ave N Unit B Seattle, WA 98103

    • 0.43 Acres
    • Commercial/Industrial
    Listing# 1478918 | Active
    Days On Market: 114 0 Views
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    Property Details

    SEATTLE COMMERCIAL OFFICE for sale. This commercial condo is equipped w/ 7 large individual offices, 2 conference rooms, open reception desk, kitchen/break room & mens/womens restrooms. There are 10 covered parking spots in the secure garage (a must in Seattle!) Plenty of off street parking & 2 separate entrances. Close proximity to Fremont, Greenlake and downtown. Amazing investment with low costs and a cap rate of 6%!

    • General Features
      • County King
      • Zoning Class Commercial, Office, Residential
      • Zoning Jurisdiction City
      • Style 73-Office
      • Approx Building SqFt 3,530
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 3,530
      • Total Uncovered Parking 0
      • Total Covered Parking 10
    • Building Features
      • Exterior Wood
      • Foundation Poured Concrete
      • Roof Flat
      • Floor Covering Ceramic Tile, Wall-to-Wall Carpet
      • Features Elevator, Sprinklered, Storage
      • Heating and Cooling Forced Air
      • Ceiling Height 10
    • Property Features
      • Lot Square Footage 18,528
      • Depth of Lot 0
      • Site Frontage 0
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Seattle
      • Energy Source Electric
      • Power Company Seattle City Light
      • Number of Available Pads 0
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 3,530
      • Total Monthly Rent $8,000
      • Gross Rent Multiplier 6
      • Cap Rate -NOI div LP 4
      • Gross Scheduled Income $96,000
      • Gross Adjusted Income $96,000
      • Total Expenses $29,491
      • NOI $66,509
      • Electrical Expenses $1,302
      • Tax Expense $10,135
      • Heating Expense $0
      • Insurance Expense $723
      • Annual Assoc. Dues $1,444
      • Other Expenses $17,331
      • Tax Year 2019

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    Neighborhood

    98103 (Seattle) Demographics

    33Median Age
    10,650Population Density (per sq. mile)
    80%College Educated
    $84,069 Estimated Median Income
    10,880Estimated Total Home Owners
    12,431Estimated Total Renters
    47% / 53%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    49,364Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $658,750 Median Sales Price
    42 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,450,000
        10/8/2019 8:51:18 AM Price Reduced Source New Value: $1,450,000 -9.38%
        6/21/2019 10:51:00 AM New in Database Source New Value: $1,600,000

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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, 2019. 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.