Description

This property features a 1,322± SF building situated on a 0.14± acre (6,250± SF) lot, originally built in 1910. The site includes ten parking spaces located in both the front and rear of the property. Zoned M-2, the property allows for a variety of uses including medical, office, residential, and limited retail. Offered at $675,000, the property also presents a covered land opportunity with strong owner/user potential. Located just one block south of Swedish Medical Center, the site benefits from a highly walkable setting with close proximity to the hospital, Safeway, restaurants, and several nearby retail centers. The property currently generates $27,900 in annual income with $1,200 annual increases, and the existing lease runs through April 2028. Property taxes are $5,316.70 (2025 payable in 2026).