3104 Western Avenue, Seattle, WA 98121 (MLS # 2369846)

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Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE $2,625,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE n/a
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Secure access, 72-stall parking garage located within a Class A condominium in Belltown, blocks to Seattle's waterfront and Seattle Center. 69 car spaces and 3 motorcycle stalls. Current monthly parking rates are below market with immediate upside potential allowing for a likely 6.5% cap rate. Out-of-town seller willing to carry the contract with 40% down payment. Shrinking inventory of parking spaces as a new construction typically provides less parking than needed and surface parking lots are redeveloped. Near $0 in maintenance costs given condo structure / HOA responsibility. Located within a well-maintained building. Car collector/owner-occupant opportunity. 40-50 spaces occupied by office building across the street with no parking.

LAST UPDATED 5/2/2025 TRACT Belltown
YEAR BUILT 2008 COMMUNITY Belltown
COUNTY King STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 701 - Belltown/Downtown Seattle
HEAT None
HOA DUES 1000
LOT 0
MLS STATUS Active
STYLE 61 - Comm Bldg Ovr 10K
SUBDIVISION Belltown
TAXES 16586
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/3/25 3:58 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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