NE 55th St Retail

3404 NE 55th St Seattle, WA 98105

3404 NE 55th St , Seattle, WA, 98105
3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105 3404 NE 55th St , Seattle, WA, 98105
FOR SALE
Property Type:
Street Retail
Amount:
$1,900,000
Last Verified:
Nov 28, 2023


Description

Great opportunity to own in a prime location, with the option of owner occupancy, in one of Seattle's nicest neighborhoods, with close proximity to University Village. Two long term tenants are month-to-month, and the third has more than 2 1/2 years remaining on a 3 year lease. There is also a 2 car detached garage at the rear of the building.

Located 1 1/2 miles from UW Husky Stadium on the buse NE 55th St.


Year Built: 1931
Building Size: 2800sq ft
Lot Size: 0.0 acres

Map of 3404 NE 55th St , Seattle, WA, 98105

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.