755 Bellevue Avenue E Seattle, WA ^$ 5,200,000

755 Bellevue Avenue E

^$ 5,200,000

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755 Bellevue Avenue E

Seattle, WA, 98102

^$ 5,200,000

Studio Baths0.0

Monthly Estimate*

^$ 34,561

Listed by Berkshire Hathaway HS NW

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Studio

Commercial Property for sale in Seattle, WA

for $5,200,000. This building was built in 1933 on a lot size of 0.2194.

Redevelopment opportunity, very rare Capitol Hill prime property with sweeping view of downtown, So Lake Union to the Olympics. Re-zoned from NC1-40 to NC1-55(M). Redevelop for more retail/office and multifamily! Driscoll Architects did a study in 2005 for 24 units when zoning was still NC1-40. Perhaps another 7 units can be added in now. Anchors NW corner Bellevue Ave E/Bellevue Pl E. Current tenants: The Lookout pub, Midnight Jiu Jitsu, recent vacant space occupied by landscape architects for over 60 years. Don’t disturb tenants. Fantastic high density location with easy access to downtown, Lake Union, Broadway, I-5.

Commercial Active

Price

^$ 5,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 35,842

Style

Comm Bldg Ovr 10K

Lot Size

0.2194

Year Built

1933

Town/City

Seattle

County/Region

King

MLS | Web ID

2227134

Features

General

Sewer Sewer Connected

Possession Closing Tenant's Rights

Roof Flat

Exterior Features Brick

HOA 0

Year Built 1933

Topography Level Sloped

Property SubType Commercial Industrial

Tax Year 2024

County King

Net Operating Income 57866

Insurance Expense 4457

Property Type Commercial Sale

HOA / Comm Assn N

Subdivision Name Capitol Hill

Special Listing Conditions None

Status Active

Directions from Denny Way north on Bellevue Ave E about 10 blocks. On corner of Bellevue Ave E Bellevue Ct E Bellevue Pl E.

City Seattle

Buyer Agent Compensation 2

Senior Community Y/N N

Total Units 3

MLS Area 390 - Central Seattle

Lot Size Square Feet 9555

Carport Y/N N

Street Name Bellevue

Listing Terms Conventional

Tax Annual Amount 35842

Public Remarks Redevelopment opportunity very rare Capitol Hill prime property with sweeping view of downtown So Lake Union to the Olympics. Re-zoned from NC1-40 to NC1-55(M). Redevelop for more retail/office and m

Virtual Tour https://coolhomesinwesternwa.smugmug.com/755-761-Bellevue-Ave-E-

Structure Type Unspecified

Building Area Units Square Feet

Standard Status Active

Total Actual Rent 5195

Property Style 61 - Comm Bldg Ovr 10K

Interior

Total Fireplaces 0

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Bedrooms Possible 0

Living Area Units Square Feet

Power Production Type Electric Natural Gas

Baths Three Quarter Upper 0

Bedrooms Upper 0

Baths Half Upper 0

Baths Full Upper 0

Exterior

Water Source Public

Total Parking 0

Building Area Total 0

Lot Size Acres 0.2194

Lot Size Units Square Feet

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

OriginalMLSID NWM2227134

Street Number 1 755

* Excluded Features

List By

Darryl L. Eng

Listing Agent

Berkshire Hathaway Hs Nw

Broker

Affordability Calculator

$37,548

Per Month

Monthly Principal & Interest: $34,561
Monthly Property Taxes: $2,987
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Seattle, WA

Average List Price ^$1,705,980

Percent of Sale Price 67%

About Seattle, WA

718,877 Population

28% Since 2002

^$81,312 Median Income

39.1 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

258624 Elementary School

258775 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$5,200,000		Listed Price

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755 Bellevue Avenue E, Seattle, WA, 98102 is a Commercial Property for sale at $5,200,000 with a lot size of 0.2194. 755 Bellevue Avenue E is a studio with 0.0 baths and was built in 1933. The property's zip code is 98102 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 5/28/2024.

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755 Bellevue Avenue E

Commercial Property for sale in Seattle, WA

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