2801 S Hanford St, Seattle, WA 98144, Seattle, WA 98144
sale
$1,295,000
|
Retail
Courtesy Of Coldwell Banker Commercial Danforth
Mixed-Use Income Property - Street-level retail with basement plus upper-level residential unit creating diversified income. Owner/User Flexibility - Retail tenant currently on month-to-month agreement, providing opportunity for an owner to occupy or reposition the space. Stable Residential Income - Upper unit leased through July 2026, offering consistent in-place revenue. Value-Add Potential - Opportunity to increase NOI through rent adjustments, expense recovery, lease restructuring, and potential additional income from laundry facilities and parking. Excellent Visibility & Access - Located between MLK Jr Way S and Rainier Ave S with strong traffic exposure. Transit-Oriented Location - Minutes from Seattle Light Rail, supporting long-term neighborhood growth and property appreciation. Ideal for Small Business Users - Suitable for professional services, boutique retail, cafe concepts, or office users seeking live/work income potential.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 44454000
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