La Mirada (Status: New)
1120, 43rd St, Seattle, WA 98105
40-unit apartment one block to light rail station & close to UW. Light rail will transform area beyond its historic roots, providing easy access to downtown, Mariners games, airport & destinations north. Access to SLU & CBD via Eastlake & I5. Walk score 99. Majority of tenants are non-students, insulating property from effects of pandemic, w/normal vacancies & no delinquencies thru July. Parcel’s zoning allows up to a 95-ft tall, nearly 50,000sf building. Or increase building area & number of units while leaving existing structure intact, utilizing courtyard area and area above existing structure. The dramatic up-zoning of the area, light rail station, coming streetscape improvements & densification all point to blossoming of development, driving values in this transit-oriented district.
Asset Class: Multi-Family
Year Built: 1956
Building Total Square Feet: 23742
Available Lease Space Square Feet:
Number of Floors: 4
Total Parking Spaces: 4
Local Zoning Information: SM-U 95/320(M1)
Listing Courtesy of: Bryan Ford Inc.
Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.
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