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1713-1715 Market Street
Seattle, WA 98107
Asking Price
$1.47M
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 1,782 SqFt <ul><li>Great retail location: Prime Ballard location along NW Market St, one of Seattle's most active and sought-after retail corridors with strong foot traffic and visibility.</li><li>Below market leases: The offering represents a mark-to-market opportunity with both tenants on below-market leases, with base rents largely unchanged for several years.</li><li>Zoning potential: Long-term redevelopment potential with MIO-65-NC3-95 (M) zoning, which offers upside as part of a future assemblage
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NOI
$80,000
Cap Rate
5.45%
DSCR
0.92
Underwater
Cash-on-Cash
-1.61%
Monthly Payment
$7,257.916
Annual Cash Flow
$-7,094.987
