4000 Aurora Ave N
Seattle WA 98103
4000 Aurora Building
4000 Aurora Ave N Seattle WA 98103
Listing #: 654177 | Status: Available | Last Modified: 7/26/2022 |
For Sale
- Phone:(206) 332-1484
- Email:wparker@nai-psp.com
- Office Name:NAI Puget Sound Properties
- Office Phone:(253) 383-3100
- Office Website:
- Agent Phone:(206) 332-1495
- Agent Email:jbackus@nai-psp.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,495,000.0
- $/SF$ 277.2
- $/lot sf$ 322.5
- Listing StatusAvailable
- Days on Market1013
- Asset ClassOffice, Land
- Terms
- Investment Type
- Investment PropYes
- Gross Income487,137
- Vacancy Factor %0.00%
- Operating Expenses166,619
- Net Operating Income320,518
- CAP Rate 7.13 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Topography
- Total Units40
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units40
- # of Elevators0
- A/CYes
- Clearance Height Min0
- Clearance Height Max
- Bay Depth
- Total Building SF16214
- Net Rentable Area16214
- Total Office SF16214
- Largest Contiguous SF
- Lot SF13939
- Acres0.32
- Property TypeOffice
- Office TypeOther
- InvestmentYes
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross StreetN 40th St
- Market AreaFremont/Ballard
- Tax ID #1931300585
- Additional Parcels
- ZoningNC3
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio3
- Year Built1958
- Year Renovated0
- Completion Date
- Roof Type
- SprinklersYes
- Construction Type
4000 Aurora Avenue N
Investment highlights are the following: • Ideal Investment Property for Owner/Users, Investors, and Developers • Owner/User Investment Opportunity – Small and Large Office Users up to 16,214 SF • Excellent Re-development Site for Multifamily, Hotel or Commercial Uses with Corner Lot and City, Lake, Mountain Views from Upper Floors • Stabilized Income Producing with Below Market Rents and Flexible Lease Terms (Note: NOI stated is Proforma assuming lease up to projected market rent rates.) • Outstanding Location in Fremont/Wallingford area, two of Seattle’s Most Coveted Neighborhoods • Superb Visibility on Highway 99 with iconic Clock Tower sign and over 54,405 vehicles/day • Efficient building design • Heating and Cooling System is independently controlled in most units • Excellent demog
05/05/2006 sale. MH 05/11/06
