2600 Barton StSeattle, WA 98126

Property Details for 2600 Barton St

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

19.90 AC

Property size (Sq ft)

63,387 SF

Zone code

NC3-75 (M1)

Property type

Retail properties

Property subtype

Community centers

APN

362403-9009

APU

3624039009

Description

Westwood Village, a well-established retail center in King County, presents a unique investment opportunity. Built in 1966 and boasting a rich history as a community cornerstone, this 400,000 square foot shopping center sits on a spacious 24-acre lot. The property offers a diverse mix of national and local tenants, creating a vibrant and thriving retail environment. With ample parking (1,286 spaces), Westwood Village provides convenient access for shoppers. Tenants can choose from a range of available spaces, with a minimum divisible space of 1,004 square feet and a maximum contiguous space of 25,165 square feet. Currently, 65,326 square feet of retail space is vacant, presenting significant potential for new businesses. Its location in West Seattle offers convenient access to the Fauntleroy Ferry Terminal, connecting shoppers to Vashon Island and beyond, further enhancing its strategic position within the community. This established center stands as the only traditional pull-up shopping center in West Seattle, offering a unique and highly sought-after retail experience in a rapidly developing area. The property's size and established tenant base make it an attractive investment for both large and small businesses seeking a prime location in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $25,214,436

  6.5%

  $23,274,864

  7%

  $21,612,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $42,835,236

  Geo Method

  $30,761,812

• Alternative Use

  Use

  Valuation

  Residential

  $19,633,220

  Hospitality

  $17,983,924

  Educational

  $14,962,413

  Medical

  $15,476,993

  Retail

  $23,274,864

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.5228

Longitude

-122.366

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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