3104 Western Ave

Seattle, WA 98121
  • $2,275,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing 128 - 38720

Secure access, 72-stall parking garage located in a Class A condo in Belltown, blocks to Seattle's waterfront & Seattle Center. 69 car spaces, 3 motorcycle stalls. Current monthly parking rates are below market with immediate upside potential allowing for a likely 7.6% cap rate. Out-of-town seller willing to carry the contract at 6.25% for 5 years with $1M down payment. Shrinking inventory of parking spaces as new construction typically provides less parking than needed and surface parking lots are redeveloped. Near $0 in maintenance costs given condo structure / HOA responsibility. Located within a well-maintained building. Car collector/owner-occupant opportunity. 40-50 spaces occupied by office building across the street with no parking.

Listing Highlights for 3104 Western Ave

Status Active
Days on Site 126
Property Type Commercial Sale
MLS ® 2369846
Year Built 2008
Total Square Footage 0
Lot/Acreage N/A
County King
Neighborhood Belltown
HOA Dues 1000/Monthly

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $16,586
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8684000010
  • Tax Year: 2025

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3104 Western Ave Seattle, WA 98121

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Originating MLS: nwmls

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