List price was $10,250,000
It took 225 days to go pending.
Then 598 days to close at $10,000,000
2.73 Acre Site near 145th and Greenwood Ave. N. Just east of Seattle Golf Club.
Zoned Neighborhood Business. Comprehensive Plan shows MU-2. City of Shoreline confirms flexibility with current "NB" zoning uses. Base height standard is 50'.
Current use of the existing building (24,444 sq.ft.) includes a Church, School and Community Gym.
Monthly net rental income is approximately $15,000.
Existing leases are short term with flexible lessees.
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value.
Any damage or deferred maintenance would subtract from the value.
Listing details based on information submitted to the MLS GRID as of Friday, September 3, 2021 10:48 PM.
All data is obtained from various
sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.