Special Agents Realty
1201
Pine Street,
Seattle,
Washington
WA
98101
$5,000,000 Sold For
Closed Status
9,355 SqFt
0.172 Acres
1871640 Listing ID
Status Closed
Sold Date 6/06/2022
County King
Subdivision Capitol Hill
Year Built 1912
Property Type Commercial Sale
Commercial Sale
Property Sub Type Commercial Industrial
Primary Features
County:
King
Property Sub Type:
Commercial Industrial
Property Type:
Commercial Sale
Subdivision:
Capitol Hill
Year Built:
1912
Interior
Building Area Units:
Square Feet
Furnished:
Unfurnished
Living Area Units:
Square Feet
External
Elevation Units:
Feet
Exterior Features:
Brick
Foundation Details:
Poured Concrete
Lot Size Square Feet:
7473
Lot Size Units:
Square Feet
MLS Lot Size Source:
Public Records
Number Of Units Total:
6
Roof:
Flat
Sewer:
Sewer Connected
Structure Type:
Retail
Style Code:
75 - Retail
Utilities:
Sewer Connected
Water Sewer Garbage:
4312
Location
Country:
US
MLS Area Major:
390 - Central Seattle
Zoning Class:
Commercial
Zoning Jurisdiction:
City
Additional
First Right Of Refusal:
no
Mls Status:
Sold
Offers:
Seller intends to review offers upon receipt
Possible Use:
Commercial
Preliminary Title Ordered:
yes
Show Map Link:
yes
Financial
Buyer Financing:
Not Disclosed
Cap Rate:
3.96
Gross Adjusted Income:
288956
Gross Rent Multiplier:
17
Gross Scheduled Income:
304164
Insurance Expense:
6000
Net Operating Income:
207653
Other Expense:
14058
Possession:
Closing, Tenant's Rights
Sale Type:
MLS
Seller Disclosure:
Exempt
Special Listing Conditions:
None
Tax Annual Amount:
56932
Tax Year:
2021
Total Actual Rent:
20377
Total Assessed Value:
5978400
Total Expenses:
81302
Total Monthly Triple Net:
4687
Total Sqft Rented:
9355
Vacancy Rate:
5
Year Value Assessed:
2021
Zoning Info
Based on information submitted to the MLS GRID as of Thursday, March 28th, 2024 01:10:53 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.
Contact - Listing ID 1871640
Special Agents Realty
2401 N Northlake Way #2
Seattle, WA 98103
Phone: 206-419-0065
Linda M Bagley (206) 419-0065, Jennifer Bagley (972) 342-5933
Data services provided by IDX Broker