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For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email
Description
3,799 SF stand-alone concrete tilt-up industrial/flex building for sale in Magnolia's industrial hub. The 2,712 SF 1st floor features clear span warehouse space with 24 ft ceilings, roll-up loading door, floor drain, utility closet, restroom and tap room with ample seating. The 2nd floor consists of nearly 1,100 SF and features a kitchenette, restroom, storage room, and a large open seating area for 30+ people with a window overlooking the brewery in the the warehouse below. The property also has outdoor seating, storage, parking, HVAC and a 10-yr Durolast roof warranty. Currently leased to a single tenant on a NNN lease until 7/31/2026. Excellent investment property or owner-user property with interim income!
  • Listing #:
    • 2275098
  • Price:
    • $1,550,000
  • Status:
    • Active
  • Type:
    • Comm Bldg Und 10K
  • # of Acres:
    • 0.10
  • Year Built:
    • 1987
  • Address:
    • 2715 W Fort Street
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98199
  • CDOM:
    • 1
  • Building Features:
    • - Storage
  • Cap Rate:
    • - 4.69
  • Cooling Y/N:
    • - Yes
  • Covered Spaces:
    • - 1
  • Exterior Features:
    • - Cement/Concrete
  • :
    • - Level
    • - Sloped
  • Foundation Details:
    • - Poured Concrete
  • Gross Scheduled Income:
    • - $88,055.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $865.00
  • Interior Features:
    • - Concrete
    • - Laminate Hardwood
    • - Laminate Tile
  • Net Operating Income:
    • - $72,781.00
  • Approx. Building Sq.Ft.:
    • - 3,799.00
  • Approx. Office Sq.Ft.:
    • - 1,087.00
  • Approx. Warehouse/Manufacturing Sq.Ft.:
    • - 2,712.00
  • Block:
    • - 77
  • Boundary Survey:
    • - true
  • Ceiling Height:
    • - 24
  • Environmental Survey:
    • - true
  • Gross Rent Multiplier:
    • - 17
  • Loading:
    • - 1-3 Bays
  • Parking Uncovered Total:
    • - 5
  • Power Company:
    • - Seattle City Light
  • Sewer Company:
    • - Seattle Public Utilities
  • Style Code:
    • - 60 - Comm Bldg Und 10K
  • Total Expenses:
    • - 15273
  • Total Monthly Triple Net:
    • - 1273
  • Total Sq. Ft. Rented:
    • - 3799
  • Water Company:
    • - Seattle Public Utilities
  • Zoning Class:
    • - Commercial
    • - Industrial
    • - Industrial-Light
    • - Office
    • - Retail
  • Zoning Jurisdiction:
    • - City
  • Other Expense:
    • - 5132
  • Parcel Number:
    • - 2770606110
  • Possible Use:
    • - Commercial
    • - Industrial
    • - Office
    • - Retail
  • Property Condition:
    • - Good
  • Structure Type:
    • - Unspecified
  • Annual Tax Amount:
    • - $9,276.00
  • Tax Year:
    • - 2024
  • Total Actual Rent:
    • - 6065
  • Water Source:
    • - Public

For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email

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