Property Details

Owner/User or Investment Opportunity in a high-growth Seattle location near Light Rail, positioned between MLK Jr. Way S and Rainier Ave S. Mixed-use buildings with flexible tenancy in this transit-oriented corridor rarely come to market.The property includes a street-level retail space with basement currently occupied by a bakery/coffee shop on a month-to-month agreement, creating flexibility for an owner-user or future lease repositioning. The upper-level residential unit is leased through July 2026, providing stable income.The layout supports a variety of uses including professional office, boutique retail, café concepts, or small business headquarters, and the space has previously operated as office.Existing income provides a solid foundation with upside through rent adjustments, expense recovery, and lease restructuring. Additional income potential may exist through future laundry revenue and possible parking income.Strong neighborhood growth driven by Light Rail expansion and ongoing redevelopment supports long-term value.