Excellent and unique owner-user and investment property for sale for the first time in nearly 20 years! Located in Magnolia Village, the property has 60' of frontage on West McGraw St. and is currently occupied by three tenants: Brik clothing boutique, Wells Fargo ATM and the Magnolia liquor store. The liquor store tenant wants to vacate its space, which is approximately 5,026 SF, and presents an excellent opportunity for an investor to reconfigure/re-tenant the space or for an owner-user to occupy while still generating income from the other two tenants. The building is approximately 7,200 SF and is situated on a 7,200 SF lot zoned NC2-40. The zoning allows for many uses including office, retail, medical/dental, mixed-use and apartments.
The property is located in the heart of the Magnolia business district on West McGraw St., just west of 33rd Avenue West. Magnolia's business district, called "Magnolia Village" by locals, is home to many specialty stores and professional services. The property has excellent visibility and signage opportunities with 60 feet of frontage on W. McGraw St.
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Lauren Hendricks is a Seattle Commercial Real Estate Agent who can help you strategically market your property to all possible buyers, or help you find the perfect investment property for your real estate portfolio.
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