631 96Th St, Seattle, WA 98108
17,170 SF | Industrial Building | Seattle, WA 98108 | $6,220,000 ($362/SF) | 2.79% Cap Rate
For Sale
Active
3 pictures
Asking Price $6,220,000
- Property Type
-
Industrial
- Price / Square Foot
- $362
Listing Contacts
Raymond 'RJ' Vara
Anne Goldman
Property Overview
THE VARA GROUP is pleased to introduce the sale offering for
Seattle 631: a securely fenced, 1.44-acre site in the heart of
Seattle’s distribution corridor. The offering consists of two
buildings with a combined rentable area of 17,170 square feet.
The primary structure, a 14,700 square foot manufacturing
warehouse, is complemented by a 2,400 square foot building
currently serving as an office/residential suite.
Designed for heavy power usage and providing exceptional
direct facility access, the manufacturing warehouse features
two spacious drive-in doors, catering to various industrial
needs. Its strategic proximity to major transportation
arteries—SR-99, SR-512, I-5, and I-405—ensures seamless
accessibility for a range of operations.
With South Seattle’s submarkets grappling with limited land
availability, Seattle 631 emerges as an opportunity to capitalize
on the limited availability. The assets spacious on-site storage
potential and proximity to key highways offers a prime location
for businesses. Currently leased to a single tenant on a shortterm
basis, the property presents a compelling opportunity for
value enhancement or owner-occupancy.
Seattle 631: a securely fenced, 1.44-acre site in the heart of
Seattle’s distribution corridor. The offering consists of two
buildings with a combined rentable area of 17,170 square feet.
The primary structure, a 14,700 square foot manufacturing
warehouse, is complemented by a 2,400 square foot building
currently serving as an office/residential suite.
Designed for heavy power usage and providing exceptional
direct facility access, the manufacturing warehouse features
two spacious drive-in doors, catering to various industrial
needs. Its strategic proximity to major transportation
arteries—SR-99, SR-512, I-5, and I-405—ensures seamless
accessibility for a range of operations.
With South Seattle’s submarkets grappling with limited land
availability, Seattle 631 emerges as an opportunity to capitalize
on the limited availability. The assets spacious on-site storage
potential and proximity to key highways offers a prime location
for businesses. Currently leased to a single tenant on a shortterm
basis, the property presents a compelling opportunity for
value enhancement or owner-occupancy.
Property Details
- Class
- C
- Year Built/Renovated
- 1967/1979
- Stories
- 1
- Property Subtype
- Refrigeration/Cold Storage
- Lot Size (sq. ft)
- 62,291 SF
Highlights
- High Barrier to Entry
- Fully Secured Yard
- Heavy Power and Manufacturing Systems
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].