7017 15th Ave NW $1,200,000

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    7017 15th Ave NW Seattle, WA 98117

    • 0.10 Acres
    • Commercial/Industrial
    Listing# 1497364 | Active
    Days On Market: 79 4 Views
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    Property Details

    3 floor commercial office w/ prkg for 7 in immaculate Ballard Craftsman. Perfect for investor, or owner/user w/ SBA Loan & extra income from bsmnt apt/offce & billboard. Bathroom & kitchenette on each level. Main flr has classic charm, upper flr has open work area, lower flr works as apt or open work/ storage. In 2015 owner spent $10K updating: electrical(panel & wiring), new radiant heat boiler, new heat pumps w/ A/C & more. Rezoned to NC2P-55(M), 3.75 FAR, 50x87 lot, high transit corridor.

    • General Features
      • County King
      • Approx Building SqFt 3,070
      • Approx Office SqFt 3,070
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial, Multi-Family, Office
      • Lot Dimensions 50 x 87
      • Selling Office Commission 2.5%
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 7
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Brick, Wood
      • Foundation Poured Concrete
      • Roof Composition
      • Floor Covering Fir/Softwood, Hardwood, Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Radiant
    • Property Features
      • Depth of Lot 87
      • Site Frontage 50
      • Water-Sewer-Garbage 1652
      • Sewer Sewer Connected
      • Sewer Company SPU
      • Energy Source Electric, Natural Gas
      • Power Company City Light
      • Number of Available Pads 0
      • Lot Square Footage 4,379
    • Financials
      • Vacancy Rate 5
      • Total SqFt Rented 3,070
      • Total Monthly Rent $6,364
      • Gross Rent Multiplier 16
      • Cap Rate -NOI div LP 5.13
      • Gross Scheduled Income $76,368
      • Gross Adjusted Income $72,550
      • Total Expenses $0
      • NOI $61,532
      • Electrical Expenses $800
      • Tax Expense $6,092
      • Heating Expense $1,288
      • Insurance Expense $1,186
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98117 (Seattle) Demographics

    41Median Age
    8,480Population Density (per sq. mile)
    75%College Educated
    $95,721 Estimated Median Income
    9,962Estimated Total Home Owners
    4,077Estimated Total Renters
    71% / 29%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,682Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $740,000 Median Sales Price
    45 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: $1,200,000
        8/3/2019 1:31:00 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, 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.