Property Details

101 NE 50th St

Seattle, WA 98105

$5,000,000

Available

CBA# 709669 courtesy of CBA Listing firm: Linc Properties

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Office / Retail

Property Type

4,057

Bldg Sq Ft

Units

1987

Year Built

Property Overview

Prime Legacy Asset OpportunityLinc Properties is pleased to present the rare opportunity to acquire a legacy corner asset located prominently at the nexus of two of Seattle’s most desirable neighborhoods. 50th Street Plaza, offered for sale for the first time in 30 years, has operated as a successful retail and gas station since 1965. 7/11 constructed the current improvements in 1987 and has demonstrated the enduring strength of this location for nearly four decades. The existing 7-Eleven and Salon leases expire in June of 2030, providing stable near-term income while offering investors a defined value-creation horizon through potential lease renewal, re-tenanting, owner-user occupancy, or future redevelopment. The property is zoned NC-140 (M), allowing significant long-term multifamily/