4510 Thackeray NE, Seattle, WA 98105

$1,399,000

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Listing courtesy of Every Door Real Estate.

List Price
$1,399,000
Status
ACTIVE
MLS#
2409308
Price Change
▼ $100,000 1762463729
Days on Market
436
Annual Tax Ammount
13800

Property Description

Fantastic opportunity to own a fully updated 2 story commercial office building in desirable Wallingford neighborhood. Zoned CN, property is ideal for owner-users or investors & can be easily converted for residential use. Owner financing avail 20% down, 3 yr term. Building offers 1,936 sqft of space & features 6 private offices+2 waiting areas. Recently remodeled in 2016, property includes newly added second story, earthquake-retrofitted concrete foundation, and structural reinforcements to support the upper level. Additional upgrades include a new roof with solar panels, updated electrical and plumbing systems, new sewer line to street installed in 2021, & AC throughout the building. Currently suited for mental health professionals.

Additional Information

Community
Wallingford
Style
73 - Office
Year Built
1909
Roof
Composition
Tax Year
2024
Potential Terms
Cash, Conventional, Owner Will Carry, See Remarks
Flooring
Vinyl, Vinyl Plank, Carpet
Driving Directions
GPS friendly
Electric Expenses
180
Energy Source
Natural Gas
Net Operating Income
$64,780
Gross Adjusted Income
$82,980
Gross Scheduled Income
$82,980
Water/Sewer/Garbage Expenses
$2,220
Cap Rate
4
Total Expenses
$18,200
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.
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