Bought with Sea to Sky Realty
$2,175,000
$2,350,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 05/31/2019
Key Details
Sold Price $2,175,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Fremont
MLS Listing ID 1376170
Style 60 - Comm Bldg Und 10K
Year Built 1956
Annual Tax Amount $16,367
Lot Size 0.307 Acres
Property Description
The property offers an investor or developer the opportunity to own a 13,000+ square foot rectangular lot that is ripe for development or hold for future development. The property currently operates as the Park Plaza Motel. The motel currently nets over $120,000 per year with a full time manager on site. The property is located on the southern part of Aurora Avenue. The lot is a corner parcel zoned LR3-RC and C1-40' with views towards South Lake Union and downtown Seattle.
Location
State WA
County King
Area 705 - Ballard/Greenlak
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Sewer Connected, Electricity Available
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out
Listing Terms Cash Out
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