1628 Dexter Ave N, Seattle, WA 98109
Marcus & Millichap has been selected to exclusively market for sale the 1628 Dexter Building in Seattle, WA. The Property consists of a three-story, 3,360 square foot mixed-use structure on the corner of Dexter Ave N and Hayes Street, in the South Lake Union Neighborhood of Seattle. The Property is 100% occupied by The Toledo, Pot Shot and Capes & Powers; each tenant occupies an entire floor of the building. All Tenants are on NN leases, and reimburse for taxes, insurance and utilities. The site is zoned NC3P-55, allowing for development up to 55 feet in height, which creates additional development upside. Although currently leased, the 3rd floor can be converted to a residential use without any additional permitting, creating future opportunity for a buyer to live in the space, or lease the floor as an apartment unit.
Marcus & Millichap has been selected to exclusively market for sale the 1628 Dexter Building in Seattle, WA. The Property consists of a three-story, 3,360 square foot mixed-use structure on the corner of Dexter Ave N and Hayes Street, in the South Lake Union Neighborhood of Seattle. The Property is 100% occupied by The Toledo, Pot Shot and Capes & Powers; each tenant occupies an entire floor of the building. All Tenants are on NN leases, and reimburse for taxes, insurance and utilities. The site is zoned NC3P-55, allowing for development up to 55 feet in height, which creates additional development upside. Although currently leased, the 3rd floor can be converted to a residential use without any additional permitting, creating future opportunity for a buyer to live in the space, or lease the floor as an apartment unit.
