This Commercial-Corridor 2 (C-COR2) zoned property presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and Highway 1 (16th Ave). Situated on a 5,000+ sq. ft. lot, the 4,600+ sq. ft. building, plus a 2,300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. Please don't approach the tenants. (id:47421)
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Detailed Information
Listing Contract Date
2025-03-17
Municipal ID
0019848589
Plan
3150P
Property Type
Retail
Transaction Type
For sale
Zoning Description
C-COR2
Building
Age
Age is unknown
Size (Exterior)
6675 square feet
Total Finished Area
6675 sqft
Type
Retail
Land
Total Size
5040 square feet
Size of Irregular Land
5040.00
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