3116 Smith StSeattle, WA 98199

For Sale
$2,500,000

Seattle Storefront, 3,006 sq ft, $2.5M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3,006 square foot commercial condominium in Seattle's desirable Magnolia Village presents a unique investment opportunity. The property, built in 1955 and extensively renovated in 2019, comprises two separate units within a single building, offering flexibility for individual sale or combined ownership. Each unit boasts a private kitchenette and restroom, enhancing functionality and appeal to a wide range of tenants. The building sits on a 2,771 square foot lot and features excellent visibility and signage opportunities, a rare find in this location. The property benefits from ample hard-to-find outdoor space, a significant advantage for businesses seeking customer interaction or employee amenities. Currently vacant, this property is zoned NC3P-55(M), allowing for diverse uses including office, retail, residential, and live/work spaces, maximizing its potential for future income generation. The two-story building offers a total of 3,006 square feet, providing ample space for a variety of commercial ventures. The asking price is $2,500,000, representing a compelling investment in a thriving Seattle neighborhood. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a highly sought-after location. The property's location at 3116 West Smith St, Seattle, WA 98199, places it within easy reach of various amenities and transportation options.

Highlights

  • 3,006 SF commercial condo in Seattle's Magnolia Village.
  • Two separate units, individually or combined sale.
  • Each unit features a private kitchenette and restroom.
  • 2,771 SF lot with excellent visibility and signage.
  • Ample outdoor space.
  • Currently vacant, NC3P-55(M) zoning allows diverse uses.

Property Details for 3116 Smith St

Property type
Other retail properties, Individual retail properties
Square Feet
3,006 SF
Year Built/Renovated
1955/2019
Buildings
1
Stories
2
Units
2

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6412998
Longitude
-122.3977855
3116 Smith St, Seattle, Washington

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3116 Smith St
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