This Commercial-Corridor 2 (C-COR2) zoned two-storey retail building presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and 21st Ave. Situated on a 5,000+ sq. ft. lot, the 4,600+ sq. ft. building, plus a 2,300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine repair shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. The property may be sold together with the adjacent commercial-zoned( C-COR2) parcel ( MLS # A2284415 ) , offering additional & greater potential. Please DO NOT approach the tenants without a viewing appointment. (id:55577)
Property Features
- MLS® Number A2284159
- Price $1,380,000
- Square Footage: 6675 sqft
- Property Type: Retail
- Community Name: Capitol Hill
- Parking Space Total 8
- Plan 3150p
Buildings
| Age | Age Is Unknown | Construction Material | Wood Frame |
| Exterior Finish | Brick | Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Size Exterior | 6675 Sqft | Size Interior | 6675 Sqft |
| Total Finished Area | 6675 Sqft | Type | Retail |
Land
| Acreage | No | Size Depth | 36.64 M |
| Size Frontage | 12.8 M | Size Irregular | 5040.00 |
| Size Total | 5040 Sqft|4,051 - 7,250 Sqft | Size Total Text | 5040 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | C-cor2 |
Agents and Offices
- Allen Tian
- Office: Cir Realty