3116 Smith StSeattle, WA 98199

For Sale
$2,500,000

Prime Seattle location, two-unit condo.

Overview

Added:
Feb 3
Days on market:
40
This exceptional commercial property, located at 3116 W Smith Street in Seattle's desirable Magnolia Village, presents a unique investment opportunity. The property is a legally defined two-unit commercial condominium, offering flexibility for buyers. Each unit boasts a convenient kitchenette and a private restroom, enhancing functionality and appeal to a wide range of potential tenants. The building's prime location ensures excellent visibility and accessibility, further amplified by the rare inclusion of substantial outdoor space – a highly sought-after feature in this competitive market. The generous 0.06-acre lot provides ample room for outdoor activities or potential expansion. The NC2P-55 zoning designation allows for a diverse range of uses, including office space, retail establishments, residential units, and live/work arrangements, maximizing the property's potential and investment return. This versatility makes it an ideal choice for both owner-occupiers and investors seeking a strong foothold in a thriving Seattle neighborhood. The asking price is $2,500,000. The property's combination of location, zoning, and unique features makes it a truly exceptional opportunity in the competitive Seattle commercial real estate market. Serious inquiries are encouraged.

Property Details for 3116 Smith St

Property type
Other commercial real estate
Year Built
1955
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6413
Longitude
-122.3978
3116 Smith St, Seattle, Washington

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3116 Smith St
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