8560 Greenwood Avenue N, Seattle, WA 98103
- $3,445,000
Listing courtesy of RE/MAX Metro Realty, Inc.. Selling Office: Skyline Properties, Inc..
- Sold Price
- $3,445,000
- List Price
- $3,490,000
- Status
- SOLD
- MLS#
- 2354200
- Closing Date
- Jun 13, 2025
- Days on Market
- 51
Property Description
Located in the vibrant core of Greenwood. High-performing asset is 100% occupied by 2 established local tenants. 6.1% cap rate. Nestled in a “walker’s and biker’s paradise” w/91 Walk Score, urban setting surrounded by an ideal mix of local and national businesses, including Trader Joes just steps away coming soon. About 900 MF units recently built or planned for developments in the area. Building offers lots of system updates, 13ft high ceilings and 3 storefront doors for future flexible demising options. NC-75 zoning allows a wide variety of uses & future development potential up to 7 stories. Location and surroundings, this property represents a rare opportunity to own a turnkey retail asset in one of Seattle’s most desirable submarkets.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- Community
- Greenwood
- Style
- 75 - Retail
- Year Built
- 1937
- Driving Directions
- Take I-5 Exit 172, merge onto Banner Way NE, continue on N 85th St, turn right on Greenwood Ave N. Destination (8560 Greenwood Ave N) is on the left.
- Cap Rate
- 6.1
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.