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Jorve 3211 Martin Luther King Jr Way S 22,010 SF 63% Leased Industrial Building Seattle, WA 98144 $7,272,510 CAD ($330.42 CAD/SF)
Investment Highlights
- 3 Grade-Level Doors
- Long term development potential with up to 375 units on site (buyer to verify)
- 1.5 acre. total parcel, with 1 acre of fenced yard
Executive Summary
+ Building Breakdown:
- Warehouse: 4,852 SF
- Office: 2,113 SF
- Storage: 1,112 SF
- 1AC of fenced yard for storage
-200 amp 120/240v and 120/208v
-Long term development potential with up to 318 units available on site. (Buyer to verify)
Property Facts
| Price | $7,272,510 CAD | Rentable Building Area | 22,010 SF |
| Price Per SF | $330.42 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1968 |
| Property Type | Industrial | Parking Ratio | 0.64/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.52 AC | ||
| Zoning | L-3 RC, Seattle | ||
| Price | $7,272,510 CAD |
| Price Per SF | $330.42 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.52 AC |
| Rentable Building Area | 22,010 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.64/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | L-3 RC, Seattle |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- College Access Now
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$9.99
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| College Access Now | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Warehouse/office building in a highly visible corner location with strong vehicle traffic from Rainier Ave S and MLK Jr. Way 8,077 RSF comprised of 2,113 SF office, 4,852 SF warehouse and 1,112 SF storage Office portion is comprised of 3 private offices, kitchen, copy room, private bathroom, open work area, HVAC Warehouse features: two grade-level, 14' clearance doors, bathroom, 18'8" ceilings height to bottom of beam, gas heat Large secure lot with abundant parking Excellent signage opportunity 200amp 120/240v and 120/208v power Office and warehouse can be leased separately Lease term negotiable Available now Base Rental Rate $9.00/SF plus NNN $11.61/SF (2024 est.) = $13,872.25 per month + + bill back for water/sewer, electricity and gas.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,113-8,077 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 2,113-8,077 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,113-8,077 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Warehouse/office building in a highly visible corner location with strong vehicle traffic from Rainier Ave S and MLK Jr. Way 8,077 RSF comprised of 2,113 SF office, 4,852 SF warehouse and 1,112 SF storage Office portion is comprised of 3 private offices, kitchen, copy room, private bathroom, open work area, HVAC Warehouse features: two grade-level, 14' clearance doors, bathroom, 18'8" ceilings height to bottom of beam, gas heat Large secure lot with abundant parking Excellent signage opportunity 200amp 120/240v and 120/208v power Office and warehouse can be leased separately Lease term negotiable Available now Base Rental Rate $9.00/SF plus NNN $11.61/SF (2024 est.) = $13,872.25 per month + + bill back for water/sewer, electricity and gas.
Property Taxes
| Parcel Number | 811610-0015 | Improvements Assessment | $1,385 CAD |
| Land Assessment | $11,924,007 CAD | Total Assessment | $11,925,392 CAD |
Property Taxes
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Jorve | 3211 Martin Luther King Jr Way S
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