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9550 Aurora Ave N
Seattle, WA 98103
Retail Property For Sale
EXECUTIVE SUMMARY
12-unit commercial building with 112 feet of highly visible frontage on Hwy 99 (daily traffic count 35000). Located in the Aurora-Licton Springs Urban Village with direct access (minimal traffic stops) to downtown Seattle via Hwy 99, this retail/office building is just a few minutes from Green Lake, Northgate Light Rail Station, North Seattle College, i5 freeway ramps.
With 29 surface parking, 9520 Aurora boasts an 18,901sf corner lot zoned NC3P-75(M), making it the perfect “Land Bank.” The existing 15,480 gross sf building is fully operational for long-term hold and offers fantastic redevelopment potential in the future. Development-friendly zoning code allows for a 75ft tall building, with FAR of 5.5 and no parking requirement (buyer to verify). Over 31,000 residents live within 1-mile radius of this site and the average household income is at $122,391.
With 29 surface parking, 9520 Aurora boasts an 18,901sf corner lot zoned NC3P-75(M), making it the perfect “Land Bank.” The existing 15,480 gross sf building is fully operational for long-term hold and offers fantastic redevelopment potential in the future. Development-friendly zoning code allows for a 75ft tall building, with FAR of 5.5 and no parking requirement (buyer to verify). Over 31,000 residents live within 1-mile radius of this site and the average household income is at $122,391.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,480 SF
Building Class
C
Year Built/Renovated
1949/1985
Price
$4,125,542 CAD
Price Per SF
$266.51 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.43 AC
Zoning
NC3P - 75 (M)
Parking
36 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
108’ on Aurora Ave
PROPERTY TAXES
| Parcel Number | 312604-9124 | Improvements Assessment | $837,278 CAD |
| Land Assessment | $3,280,517 CAD | Total Assessment | $4,117,795 CAD |
PROPERTY TAXES
Parcel Number
312604-9124
Land Assessment
$3,280,517 CAD
Improvements Assessment
$837,278 CAD
Total Assessment
$4,117,795 CAD
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