Property Details

8212 Greenwood Ave N

Seattle, WA 98103

$5,500,000

Available

CBA# 694524 courtesy of CBA Listing firm: Compass Washington

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Office / Retail

Property Type

15,840

Bldg Sq Ft

Units

4.00%

Cap Rate

1912

Year Built

Property Overview

A rare opportunity to own a stabilized, cash-flowing asset in one of Seattle’s most sought-after neighborhoods. Located in the vibrant Greenwood district, this investment is within walking distance of bus routes and downtown Greenwood’s retail, dining, and entertainment scene.This mixed-use property features five ground-floor retail spaces and seven well-appointed apartments. The apartment floor plans include: 3 one-bedrooms, 2 studios, and 2 two-bedrooms. With on-site laundry and 21 dedicated parking spaces, this property offers convenience and appeal for both residents and businesses alike.With a strong cash flow and prime location, this turn-key asset delivers immediate income potential in a high-demand market. Additionally, the parcel is zoned NC2P55, and the parking lot alone could support a residential development – buyer to verify.