|Price/Rent PSF||$ 4,850,000.00|
This property is situated on Western Avenue between Cedar and Vine, with a significant amount of residential and office projects nearby. The property is in the bustling neighborhood of Belltown. Nearby parks include Olympic Sculpture Park, Regrade Park, South Fountain Lawn, Seattle Center and the future Waterfront Park. This area is experiencing a huge surge in population and employment growth.
CORE Commercial Properties is pleased to present a 7,200 SF development parcel for sale in the Belltown neighborhood. There is a two-story, lot-line, industrial building currently occupied by a single tenant on the property. Initial massing study indicates a potential 14 story, 100 unit mixed use project. The current tenant's lease provides for termination with 180 days prior notice for proposed redevelopment or a pending sale.