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5512 6TH AVE S Seattle WA 98108

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Details
Property Type Industrial
Sub Type Flex
Building SqFt 3,096
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 1956
Days on Market ******
Latitude 47.5529
Longitude -122.3266

Property History

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Property Type
Property Type
Industrial
Property Subtype
Flex
Marketing Description
NAI Puget Sound Properties is pleased to offer 5512 6th Ave S, Seattle, WA for sale and for

lease.

The subject property is ideally located off the corner of Findlay and 6th Ave S in the heart of Georgetown, across the street from the five-story Seattle Design Center.

5512 6th Ave S consists of 3,096 SF of warehouse/office space situated on 5,000 SF of land zoned IG2 U/85. Originally built in 1956 for use as a church, the building was expanded in 1983 to its current configuration with the addition of a warehouse on the north side of the property. The warehouse is benefitted by a 16 foot clear height, two 2-ton bridge cranes, heavy power and one grade level roll-up door.

The subject property is owner-occupied by Balancing Service Company, a machinery information business, operating from this location since 1983. Balancing Service Company has served its clients for more than 60 years by helping them overcome challenging machinery problems. The owner will consider vacating the property or offering the property for sale via a NNN sale-leaseback. The seller will execute the brand new NNN lease on the close of escrow date for a sale-leaseback deal; these terms are negotiable. This offering is a fantastic opportunity for an owner-user buyer or an investor.

5512 6th Ave S is being offered for sale at $1,450,000 and for lease at $1.50 PSF.

Investment Highlights
  • Single-Tenant Industrial/Office
  • Central Georgetown Location
  • Sale Leaseback or Owner-User Opportunity
  • Total Building Size: 3,096 SF
  • Office: 1,920 SF
  • Warehouse: 1,176 SF
  • Lot Size: 5,000 SF
  • Zoning: IG2 U/85
  • Heavy Power
  • 16’ Ft Ceiling Clear Height
  • Two-ton Bridge Cranes
  • 1 Grade Level Door
  • Lease Rate: $1.50 PSF
  • Sale Price: $1,450,000

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
NB
Nick Bierly
•••.•••.5631
•••erly@•••-•••.com
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Map

Comparable Properties

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Rental Market Overview

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Seattle, WA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Seattle, WA (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
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