900-904 Elliott Avenue W, Seattle, WA 98119 a DEVELOPMENT and INVESTMENT OPPORTUNITY

Home , Kinnear Park, Mercer Street (Seattle), Seattle Center

FOR SALE | 900-904 Elliott Avenue W, Seattle, WA 98119 A DEVELOPMENT AND INVESTMENT OPPORTUNITY

PROPERTY HIGHLIGHTS CONTACT INFORMATION: • HIGH VISIBILITY GARY HUNTER, CCIM MATTHEW LITTLE, CCIM • 30,100 SF LOT SIZE PRINCIPAL | MANAGING BROKER PRINCIPAL | MANAGING BROKER • 17,015 SF BUILDING SIZE 206.505.9427 206.505.9422 • $4,990,000 hunter@ little@ • MERCER ST & ELLIOTT AVE westlakeassociates.com westlakeassociates.com OFFERING SUMMARY

900 - 904 Elliott Avenue W, Seattle, WA 98119 Queen Anne Upholstery Development Site

OFFERING SUMMARY PROPERTY HIGHLIGHTS Sale Price: $4,990,000 • Seller, Queen Anne Upholstery, to Lease Back for up to 2 years Price / Lot SF $165.23 per SF • Located on the cross streets of Elliott Avenue and Mercer Street with Lot Size: 30,200 SF High Visibility to Passing Vehicles. Traffic Count per day is 49,200 Year Built: 1931 Effective Year Built: 1985 • Adjacent to Kinnear Park’s Dog Park Off Lease Area, Tennis Courts, and Building Size: 900 Elliott: Nature Trail 2,543 SF 902 Elliott: • Close to Pedestrian Bridge for Access to Seattle’s Waterfront, Centen- 5,806 SF 904 Elliott: nial Park via Helix Bridge at W Prospect Street. Elliott Ave Street Level - 4,648 SF Sprinklered Basement - 4,018 SF • Close Proximity to Downtown Seattle and Ballard. Total Building Size: 17,015 SF • Freight Elevator Zoning: 900 Elliott: C2 Commercial • Sprinkler Installed in Basement 904 Elliott: LR3 (M) Low Rise

FOR MORE INFORMATION: FOR MORE INFORMATION: 1200 Westlake Avenue N, Suite 310 GARY HUNTER, CCIM MATTHEW LITTLE, CCIM Seattle, WA 98109 206.505.9427 206.505.9422 206.505.9400 [email protected] [email protected] PROPERTY DETAILS

900 - 904 Elliott Avenue W, Seattle, WA 98119 Queen Anne Upholstery Development Site

Kinnear Park

Elliott Ave N

Mercer Street

CITY OF SEATTLE ZONING BUILDING AREA C2 Commercial 2,800 SF of Land at 900 Elliott Ave W Consists of 17,015 SF of:

Tax Parcel # 387990-2020 • 4,018 SF Basement Area installed with Sprinkler

LR3 (M) Low Rise 27,400 SF of Land at 904 Elliott Ave W • 4,648 SF 904 Elliott Ave W, Queen Anne Upholstery Tax Parcel # 387990-2021 • 5,806 SF 902 Elliott Ave W, 2nd Floor Douglas Evans Photography

• 2,543 SF 900 Elliott Ave W, Vacant, Free Standing Building

900 - 904 Elliott Avenue W, Seattle, WA 98119 Queen Anne Upholstery Development Site

SITE

Commute King County Assessed Value Walk Score 70 Taxable Total Value $ 2,343,500 Very Walkable; Errands can be Taxable Imps Value $ 145,500 accomplished on foot Adjacent to Kinnear Park Transit Score Taxable Land Value $ 2,198,000 59 Good Transit; Major Employers Nearby Along Elliott Avenue Many nearby public • Expedia Corporate • F5 Networks, Inc. transportation options Bike Score Headquarters • Smith Cove Cruise 44 • Amazon Terminal Somewhat Bikeable; Good Bike Lanes • Big Fish Games • Zulily

900 - 904 Elliott Avenue W, Seattle, WA 98119

PUGET SOUND LARGEST EMPLOYERS Set in the beautiful Pacific Northwest, the world’s largest aerospace company, second- greater Seattle area is a national center largest maker of large commercial jets, and JOINT BASE second largest global defense contractor. for manufacturing, technology, services, LEWIS-MCCHORD international trade and tourism. Boeing is one of the largest employers in the Puget Sound, employing approximately 80,000 56,000 80,000 in Washington. MAJOR EMPLOYERS Employees Employees

Today some of the world’s most recognizable Employment is expanding through the Fortune 500 companies call Seattle home: greater Seattle area. The Puget Sound region Microsoft, Starbucks, Amazon, Nordstrom, is projected to generate 1.2 million new jobs Costco and REI. Other major companies in by 2040. the area include Boeing, T-Mobile. Expedia, 42,000 25,000 Boeing and Nintendo of America. INTERNATIONAL TRADE Employees Employees According to the Puget Sound Business Seattle has remained one of the most resilient Journal, technology companies are leading cities due to its diverse industries, making it more attractive for new companies to relocate the way in employment growth in the Seattle and expand in the area. The Port of Seattle, MSA. As the home of Microsoft and Amazon, which also operates the Seattle-Tacoma Seattle accounts for over 20% of the nation’s International Airport, is a major gateway to software publishing employment. Microsoft Asia and cruises to Alaska. The Port of Seattle is one of the top employers in the sate ranks as the 6th busiest seaport in the US, 40,000 20,000 with over 42,000 employees. Their World playing a key role in bringing international Employees Employees Headquarters, located in Redmond is over 10 trade, transportation and travel to the Pacific million square feet. Northwest.

The Puget Sound has become a international RECREATION leader in innovative industries with organizations such as the Fred Hutchinson The region is known for its quality of life, arts, Cancer Research Center, the University of and outdoor lifestyle which helps attract an Washington Medical Center and the Bill educated workforce. Numerous camping, 20,000 10,000 and Melinda Gates foundation. Healthcare hiking, winter sports, and recreational Employees Employees employment is projected to continue to grow activities are located a short drive from dramatically and Seattle has the 5th largest the city. Seattle’s main attractions include biotechnology Research and Development Pike Place Market, the Space Needle, and alliance between the University of Washington Seattle Center, home of the 1962 World’s Fair. and the Fred Hutchinson Cancer Research Seattle is home to a number of professional Center. sports teams including the 2013 Super Bowl champions, the Seattle Seahawks, the Seattle 15,000 The Puget Sound is one of the capitals of the Mariners, and the Seattle Sounders FC soccer 13,000 Employees aerospace industry anchored by Boeing, the team. Employees WESTLAKE ASSOCIATES, INC.

Serving Washington State since 1975, Westlake Associates has earned its reputation as a leader in Commercial and Investment Real Estate Brokerage. We’ve built a strong foundation of experience in Investment Property Sales, Commercial Leasing, Property Management, and comprehensive real estate services over our 40 year history. At Westlake Associates, we operate as a team and leverage each other’s resources and experience to provide the highest level of client services.

Gary Hunter, CCIM

PRINCIPAL | MANAGING BROKER [email protected] ofc. 206.505.9427 cell. 425.301.7777

Matthew Little, CCIM

PRINCIPAL | MANAGIN BROKER [email protected] ofc. 206.505.9422 cell. 206.953.4542