8323 and 8327-8335 15th Ave. NW | 8327-8335 15th Ave NW
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8323 and 8327-8335 15th Ave. NW 8327-8335 15th Ave NW
3,200 SF 100% Leased Retail Building Seattle, WA 98117 $3,995,000 ($1,248/SF)
Executive Summary
REDEVELOPMENT OPPORTUNITY IN CROWN HILL! The subject property is located in the Crown Hill area of North Seattle with com
mon addresses of 8323 & 8327 – 8335 15th Avenue NW, Seattle, WA 98117 and
consists of two tax parcels containing 16,332 square feet in the aggregate. The
parcels are zoned Neighborhood Commercial 3 with Pedestrian - Designated Zone
overlay and Mandatory Housing Affordability (MHA) designation of M1. The sub
ject property is surrounded by new commercial and residential developments
supporting the increasing housing and services needs of a fast growing communi
ty. At present, a residential house and a retail building sharing a common parking
lot exist on the parcels. Current zoning will allow for a structure of up to 75 feet in
height and a maximum FAR of 5.5 (Buyer to verify).
mon addresses of 8323 & 8327 – 8335 15th Avenue NW, Seattle, WA 98117 and
consists of two tax parcels containing 16,332 square feet in the aggregate. The
parcels are zoned Neighborhood Commercial 3 with Pedestrian - Designated Zone
overlay and Mandatory Housing Affordability (MHA) designation of M1. The sub
ject property is surrounded by new commercial and residential developments
supporting the increasing housing and services needs of a fast growing communi
ty. At present, a residential house and a retail building sharing a common parking
lot exist on the parcels. Current zoning will allow for a structure of up to 75 feet in
height and a maximum FAR of 5.5 (Buyer to verify).
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,200 SF
Building Class
C
Year Built
1936
Price
$3,995,000
Price Per SF
$1,248
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.19 AC
Zoning
NC3P-75 - NC3P-75 (M1) - Mid-rise
Parking
14 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
83 FT on 15th Ave
Amenities
- Bus Line
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 758870-0240 | Improvements Assessment | $1,000 |
| Land Assessment | $1,918,700 | Total Assessment | $1,919,700 |
PROPERTY TAXES
Parcel Number
758870-0240
Land Assessment
$1,918,700
Improvements Assessment
$1,000
Total Assessment
$1,919,700
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8323 and 8327-8335 15th Ave. NW | 8327-8335 15th Ave NW
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