Zombie Studios Building for Sale $2,500,000 Owner-User Investment Opportunity | 10,000 Rsf | Stand-Alone Brick Building
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420 4th avenue, downtown seattle, wa. zombie studios building for sale $2,500,000 owner-user investment opportunity | 10,000 rsf | stand-alone brick building zombie studios building OFFERED EXCLUSIVELY BY: BUILDING INFORMATION BUILDING HIGHLIGHTS • Located at the corner of 4th Ave ADDRESS 420 4TH AVENUE, SEATTLE, WA and Jefferson Street SQUARE FEET 10,000 • Excellent freeway access • New roof and HVAC NUMBER OF FLOORS THREE • CAT5 and upgraded electrical BUILT/RENOVATED 1924/2003 • Shower and lockers • Secured building BUILDING TYPE STAND-ALONE BRICK BUILDING • Great location with numerous PARCEL NUMBER 094200-1095 amenities close-by ZONING DMC 340/290-400 w NEIGHBORHOOD Tech companies are drawn to the Pioneer Square area by the neighborhood’s character and proximity to the King Street mass transit hub and area freeways. Over the past few years, numerous public and private projects that include the demolition of the Alaskan Way Viaduct, the restoration of the Elliott Bay seawall, and the redevelopment of the Pike Place Market waterfront entrance -- will offer greater access to the water and enhance the area as a destination. LOCATION 2 4 7 7 BLOCKS BLOCKS BLOCKS BLOCKS to I-5 to King Street Station with rail, to CenturyLink Field to the Ferry Terminal light rail, & bus tunnel access at Coleman Dock SEATTLE AND THE PUGET SOUND Metro Seattle is the commercial, cultural, and advanced technology hub of the Pacific Northwest. A diversified economic base of high tech companies ranging from gaming and software to biotechnology, manufacturing and aerospace technology generates the demand for space in the Puget Sound Region. Blue chip firms such as Microsoft, Amazon. com, Boeing, Starbucks, Safeco, Nintendo, REI, PACCAR, Puget Sound Energy, and Weyerhaeuser stabilize the regional economy and provide consistent demand for support services. Joining this illustrious group are Google and Facebook, further demonstrating the region’s appeal and economic strength. The Seattle metro area’s position as a 24-hour coastal gateway and a high-tech hotbed continues to place it at the top of investor lists. The economic outlook is positive and improving, with large employment drivers motivating tenant demand and bolstering landlord confidence. Investor interest in the Puget Sound region remains very strong. The Seattle area has been a perennial top-ten favorite in PWC’s Emerging Trends in Real Estate and 2014 is no different. The report ranks Seattle as the fourth best market in terms of investment potential and the sixth best overall real estate market, up from seventh in its previous report. Seattle continues to attract millennials at a faster pace than nearly every other major U.S. city. In addition, a recent report by the U.S. Census Bureau found Seattle’s population is growing at a faster rate than any other major U.S. city, having experienced 2.8 percent population growth in 2013. 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