3116 Smith StSeattle, WA 98199

Property Details for 3116 Smith St

Year built

1955

Property size (Sq ft)

1,535 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

Description

This 1,535 square foot, two-unit commercial condominium building in Seattle's Magnolia Village presents a unique investment opportunity. Built in 1955 and renovated in 2008, this mixed-use property boasts a prime location with excellent visibility and signage potential. The 1st-floor unit features concrete floors, exposed wood ceilings, two private offices, a kitchenette, an open work area, and a private restroom. A shared outdoor yard is available. The building sits on a 2,771 square foot lot and is zoned for multiple uses, including office, retail, residential, and live/work spaces. The asking price is $1,275,000, translating to $830.62 per square foot. This two-story building offers a versatile space ideal for a variety of commercial ventures. The property's flexible zoning and desirable location make it an attractive investment for both owner-occupants and investors seeking a strong return. The building's unique character, combined with its modern updates, creates a compelling opportunity in a thriving Seattle neighborhood. This is a rare chance to acquire a well-maintained commercial property in a highly sought-after area.

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6412

Longitude

-122.398

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