Property Details
10821 1st Avenue S
Seattle, WA 98168
$4,999,999
Active
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Property Overview
Imagine a Church that offers the World as the Bridge to the Community… Welcome to our 400+ seating Vibrant "Victory OutReach Seattle" foundation and invest here to build more on Flat 41,852 sqft land, 24+ years established CHURCH showcases 400+ seating sanctuary 150+ overflow with 12,000+ sqft main floor NO STAIRS, 1,000sq 2nd story, and 3,720sq basement, Total Building Size is 16,638sqft. Come experience a private tour or visit this Thriving Church Fridays/ Sundays in person to see the Vision of your new home. Turn key Amazing sound, LED screen, audio to dazzle the best crowds, 5 bathrooms, multiple office/ classrooms, Full Kitchen with 30 feet of open counter, multiple sinks, appliances stay, 400+ chairs, full daycare/children's facility, wide open foyer/greenroom for fellowship and the best coffee hour in town/ New coffee bar, 80+ parking stalls on site. Full Commercial CB Zoning may allow apartments, additional pads on site, with mixed use the sky is the limit. Relocation with the Lords Will takes us to a larger site & offers you a limited opportunity to purchase now, preference to cash, 1031 Exchange, and or short closing. Financing is possible as building has been recently remodeled, updated Air Conditioning, New Coffee Bar, Private Offices, Gift Shop, and don't miss the Giant LED screen.NOTE:Community Business (CB) zoning in unincorporated King County, WA, designates areas for local retail, services, and offices intended to serve surrounding neighborhood Section 21A
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
White Center
Listed
May 8, 2026
Financial Summary
Cap Rate
7.60%
Net Operating Income
$377,900
Gross Scheduled Income
$400,000
Gross Rent Multiplier
12.50
Total Expenses
$22,100
Building & Use
Building Sq Ft
16,638
Total Units
1
Sq Ft Rented
16,638
Zoning
Commercial
Possible Use
Commercial
Lot Size
41,852 sqft
Year Built
1956
Exterior & Lot
Lot Size
0.96 sqft
Year Built
1956
Exterior Materials
Brick, Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Stucco, Wood
Location
City
Seattle
County
King
Coordinates
47.50625, -122.33404
Additional Information
Tax Year
2025
Possession
Array
