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About the Listing 7111 - 53536
Strong in-place income (current 7.6% cap rate!) with excellent development potential! The building is currently configured with two residential units (one two-bedroom and one studio) along with three commercial spaces, creating diversified and reliable income streams. The mixed-use layout offers flexibility for future repositioning or optimization based on market demand. The property offers a new owner the opportunity to adjust rents, refine the tenant mix, or utilize the space for partial or full owner occupancy. The standalone design enhances functionality and access, appealing to both residential tenants and commercial users alike. Located in a high-visibility area of Lake City, the property benefits from consistent foot and vehicle traffic, making it well-suited for retail or service-oriented businesses. NC55 zoning adds further versatility and long-term value.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
2507045
Year Built
1946
Total Square Footage
0
Lot/Acreage
0.1
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Concrete,Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: SEA
Exterior Details
- Lot Description: Zoning: Commercial,Office,Residential
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 54 x 110
- Zoning: Commercial,Office,Residential
- Roof: Flat
- Others: Wood,Wood Products,Fair
- Sewer: SEA
Financial Details
- Tax Amount: $5,834
- Taxes w/Assessments: N/A
- Tax/Property ID: 8822900005
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3305 NE 125th St Seattle, WA 98125
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