Property Details
3015 Beacon Avenue S
Seattle, WA 98144
$2,895,000
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Property Overview
Unique opportunity to acquire a neighborhood commercial property just a stone throw from Beacon Hill light rail station. This 4,283 sqft mixed-use building consists of four separate units. The street-facing main floor hosts a popular local restaurant with class H license, and a 575 sqft office/retail space towards the back end. Top floor offers a spacious 1,023 sqft 2Ba/2Ba apartment/office equipped with functional kitchen, another 612 sqft office suite completes the second level. Two gated covered parking spots are available off the alley. Open courtyard provides outdoor seating for the restaurant during summer months and delivers additional rental income. This is a relatively new building as it was expanded to current configuration in 2005. The 3980 sqft parcel is zoned NC2P55 which allows for a variety of business and residential uses and permits future development up to 55 feet in height. Investment property of this caliber does not present itself often. Seize the moment.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Beacon Hill
Listed
Apr 22, 2026
Financial Summary
Cap Rate
3.50%
Net Operating Income
$101,319
Gross Scheduled Income
$108,636
Gross Rent Multiplier
28.50
Total Expenses
$16,370
Total Actual Rent
$3,830/mo
Building & Use
Building Sq Ft
4,283
Total Units
4
Sq Ft Rented
1,222
Zoning
Commercial
Possible Use
Commercial
Lot Size
3,981 sqft
Year Built
1922
Exterior & Lot
Lot Size
0.09 sqft
Year Built
1922
Exterior Materials
Brick, Cement, Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Cement/Concrete, Metal/Vinyl
Location
City
Seattle
County
King
Coordinates
47.57650, -122.31008
Additional Information
Tax Year
2025
Annual Taxes
$11,542
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
