1845 NW 195th Street, Shoreline, WA 98177

$1,450,000

Listing courtesy of Agile Property Management LLC.

List Price
$1,450,000
Status
PENDING
MLS#
1875893
Days on Market
20
Bank Owned
Yes

Property Description

Retail FOR SALE in Richmond Beach. Opportunity knocks! A great Retail location on the main drive of Richmond Beach. Good visibility near the beach, shopping and a quaint environment. Well known restaurant and tenants. All of the units have been remodeled. Long term and well established tenants, Blackbird (previously Hills Restaurant), Edge Design and Build, Tradewinds Capital Management. The building condition is great and the roofs are relatively new. Great tenant parking. Cash out or assume a current note in place for $1,000,000 from the previous owner and cash out the balance.

Additional Information

Community
Richmond Beach
Style
60 - Comm Bldg Und 10K
Year Built
1937
# of Assigned Spaces
25
Roof
Flat
Tax Year
2021
Potential Terms
Assumable, Cash Out
Interior Features
Forced Air, Laminate Hardwood, Wall to Wall Carpet
Flooring
Engineered Hardwood, Laminate, Carpet
Driving Directions
head West on 195th Street. It becomes Richmond Beach Rd to NW 195th. The property will be on the left corner of Ballinger Way and 195th. The buildings are behind a bus stop.
Heating/Cooling Type
Forced Air
Energy Source
Electric
Net Operating Income
$61,607
Gross Adjusted Income
$61,607
Gross Scheduled Income
$61,607
Cap Rate
4
Total Expenses
$18,670
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