8300 Wabash Ave S, Seattle, WA 98118
- $999,500
Listing courtesy of KW Mountains to Sound Realty.
- List Price
- $999,500
- Status
- ACTIVE
- MLS#
- 2564997
- Days on Market
- 0
Property Description
Exceptional opportunity to own a commercial property in Seattle’s highly sought-after Rainier Valley. SELLER FINANCING available with flexible Terms. Value in the Land and cashflow. Situated on a prominent corner lot, this 708 SF commercial building sits on a 5,393 SF parcel zoned NC2-55(M), offering excellent long-term investment and redevelopment potential (buyer to verify permitted uses with the City of Seattle). The property is currently occupied by three tenants on short-term leases, generating approximately $4,200 per month in gross rental income, Tenants pay utilities, making it an attractive option for investors seeking immediate cash flow while exploring future redevelopment opportunities. Conveniently located along a busy commercial corridor with strong visibility and access. Please do not disturb tenants. Signage on Building. Showings by appointment only.
Additional Information
- Community
- Rainier Valley
- Building Condition
- Fixer
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1942
- Roof
- Torch Down
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Flooring
- Laminate, Carpet
- Driving Directions
- Rainier Ave South at the corner of Wabash Ave South. Signs on building.
- Energy Source
- Electric
- Gross Scheduled Income
- $4,200
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.