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USAWASeattleBelltown3104 Western Ave
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3104 Western Ave, Seattle, WA

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,275,000

000

MLS® 2369846

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees $1,000
Taxes $16,586
Days Active 226
Approx. Age 2008
MLS® Number 2369846

Property Address: 3104 Western Ave, Seattle, WA, 98121-2033

Average square foot calculated using Size range provided by listing agent.

Description

Secure access, 72-stall parking garage located in a Class A condo in Belltown, blocks to Seattle's waterfront & Seattle Center. 69 car spaces, 3 motorcycle stalls. Current monthly parking rates are below market with immediate upside potential allowing for a likely 7.6% cap rate. Out-of-town seller willing to carry the contract at 6.25% for 5 years with $1M down payment. Shrinking inventory of parking spaces as new construction typically provides less parking than needed and surface parking lots are redeveloped. Near $0 in maintenance costs given condo structure / HOA responsibility. Located within a well-maintained building. Car collector/owner-occupant opportunity. 40-50 spaces occupied by office building across the street with no parking.
MLS® Number2369846
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2008
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 2, 2025List Date
$2,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
3104 Western Ave, Seattle, WA

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