Rare find business opportunity- a Nail Salon in Magnolia, Seattle. -Local resident must-pass-by in & out of Magnolia location. -Shop is bright, colorful and well-maintained. -Business license, equipments, and supplies are included with sale. -Manageable rent included with water, electricity, and garbage -Suits many purposes: Hair dressing, Make-up school, Waxing service -Abundant street parkings right in front of the shop center. -Reason for sale: owner retired after working at the shop by herself since 2008.
Excellent opportunity for owner/user opportunity at this site on Magnolia. Perfect for local services businesses such as CPA, design, law offices, or similar. Also, a great option for a satellite office of larger firm wanting a footprint in Seattle without the downtown price tag. Surrounded by many marine based businesses, there are also other business types weaved throughout the area and Commodore is a main thoroughfare up to Discovery Park and the residential district of Magnolia. The architectural firm in the 2nd suite would love to stay if new owner is open to it, they are currently on month-to-month lease. Zoning MML U/45 provides a number of uses, buyers should do their own due diligence with City of Seattle for all options.
96% leased remodeled office building with ample off-street parking. This 4-story office building features a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or owner-user to acquire an updated property with stabilized income from long-term tenants. The current cap rate w/ in-place below market rent is 5.30%. Cap rate increases to over 8% once 3 small available suites are leased. Please don't disturb current tenants.
1,471 SF 2nd floor Commercial Condominium for sale in Magnolia Village. Located in a boutique 2-unit Commercial Condo building, Unit B encompasses the entire second floor and features engineered hardwood floors, 1 private office, kitchenette, restroom and large open area filled with natural light. Outdoor yard area is shared with Unit A. NC2P-55 zoning allows for many uses including office, retail, residential, live/work, etc.
1,535 SF 1st Floor Commercial Condominium in a boutique 2-Unit Commercial Condo building. Excellent location in Magnolia Village with great visibility and signage opportunities. Unit A features concrete floors, exposed wood ceilings, 2 private offices, kitchenette, open work area and one private restroom. Outdoor yard area is shared with Unit B. Zoned for multiple uses including office, retail, residential, live/work. Units can be sold separately or together
BRING ALL OFFERS Income producing property with steady rents located in one of Seattle’s desired Magnolia neighborhoods near the Lawton Park area . Operate it as-is or redevelop with NC155(M) Zoning and a 5398 sf lot. Seller has no information or reports as to the condition of the property. Current rents are under market and all tenants are current on their rents . Income is proforma - See additional broker remarks - O/M
The median home value in Seattle, WA is $823,900. This is higher than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Seattle, WA is $823,900. Approximately 42.03% of Seattle homes are owned, compared to 50.95% rented, while 7.01% are vacant. Seattle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Seattle real estate agent to arrange a tour today!
Seattle, Washington 98199 has a population of 726,054. Seattle 98199 is less family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Seattle, Washington 98199 is $105,391. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Seattle 98199 is 35.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 38 inches per year, with 4.6 inches of snow per year.