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11 W Mcgraw St

3,144 SF Office Building Seattle, WA 98119 $2,490,000 ($792/SF)

Investment Highlights

  • Strong Location
  • Modest Near-Term Income Capabilities
  • Activation Potential

Executive Summary

Available for the first time in over 20 years, 11 W McGraw provides an increasingly rare opportunity to acquire an in-fill redevelopment site with excellent proximity to restaurants, services, and businesses on Queen Anne Avenue and W McGraw. The subject property benefits from the “Path of Growth” fundamentals continuing to strengthen in the Upper Queen Anne neighborhood, making the area one of the most desirable residential and amenity business locations in Seattle. The location and zoning of 11 W McGraw provide for an efficient redevelopment opportunity and the current use as a short-term rental affords a developer with interim income in advance of redevelopment.

Attachments

11 W McGraw - OM

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,144 SF
Building Class
C
Year Built
1908
Price
$2,490,000
Price Per SF
$792
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,144 SF
Building FAR
0.90
Land Acres
0.08 AC
Zoning
NC2P-55(M), Seattle
Parking
2 Spaces (0.64 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
179450-0110
Land Assessment
$892,800
Improvements Assessment
$1,196,700
Total Assessment
$2,089,500
  • Listing ID: 32882066

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 11 W Mcgraw St, Seattle, WA 98119

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