Price Reduction
Listing Provided Courtesy Of:
Coldwell Banker Bain and NWMLS
122 20th Avenue E Seattle, WA
$ 3,000,000
Property Attributes
  • ID#1777232
  • TypeCommercial
  • CountyKING
  • CitySeattle
  • AreaCentral Seattle
  • NeighborhoodSeattle
  • Zip98112
  • StyleBusiness Opp.
  • Year Built1978
  • Taxes$ 34750
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,601 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Bain and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Location, beautifully-maintained, most units updated with high-end finishes. Two buildings of 4 units each, Level site. Property is a short walk to Miller Park, restaurants on Madison. Parking in alley may potentially be converted to additional units. Zoned LR3 (M) potential for at least 4 floors with a possibility of 5 depending on bottom floor design, if bottom floor rises above grade by 4 feet, 40 plus units could be accommodated.

Price History
5/24/2021 Listed $3,550,000
10/12/2021 16% - $3,000,000

General Features

Building Area Units Square Feet
Building Features Storage
Carport Y/N No
City Seattle
County King
Directions From Bellevue, take 520 West to Montlake Blvd exit, Left on 24th Ave E, Right on E Lk Washington Blvd, then left onto E Montlake Pl E, Right on E John St, Left onto 20th Ave E, on left 122 20th Ave E.
Electric Expense 911
Exterior Features Wood
Flooring Vinyl, Carpet
Insurance Expense 824
MLS Area 390 - Central Seattle
Net Operating Income 34960
Possession Closing, Tenant's Rights
Possible Use Multi-Family, Residential
Property Style 62 - Business Opp.
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Good
Roof Built-Up
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 20th
Structure Type Unspecified
Subdivision Name Seattle
Tax Annual Amount 34750
Tax Year 2020
Terms Cash Out
Topography Level
Total Actual Rent 10600
Utilities Sewer Connected, Electricity Available
Water Company City of Seattle
Water Sewer Garbage 13660
Year Built 1978
Zoning Class Multi-Family, Residential

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue

Exterior Features

Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 96x100
Lot Number 3
Lot Size Acres 0.2204
Lot Size Square Feet 9600
Lot Size Units Square Feet
Open Parking Y/N No
Parking Uncovered Total 8
Site Frontage 96
Total Parking 8
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98112

AVG $34,750
AVG 45
Year Built
AVG 1978
AVG 90
Data Provided by Walkscore ® not using MLS data

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