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1630 Queen Anne Avenue N in Seattle

Listing ID:2567500 (Commercial)
Listing Price:$1
Days on Market:14

Details

Lot Size:0.29 acre (12,600 sqft)

* CALL FOR OFFERS - 08/27/26 * Pleased to present the opportunity to acquire an absolute NNN, corporate-leased investment located in the highly desirable Queen Anne neighborhood of Seattle, Washington. The 5,960 SQFT property is leased to Columbia Bank operating more than 350 branches nationwide. The tenant has occupied the property since 2010 and recently exercised a 5-year lease extension, reinforcing its long-term commitment to this established branch location. The lease structure provides investors with truly passive ownership through zero landlord responsibilities while benefiting from 2.5% annual rent escalations, creating consistent, inflation protected income growth. Beyond its stable cash flow, the investment offers a compelling long-term land value component. Situated on a prominent hard corner in Seattle's Queen Anne neighborhood, the property is located within an urban village and is zoned NC2P-55 (M), providing future ownership with a clear path toward higher-density


NWMLS

This listing is provided courtesy of NWMLS, contributed by Kidder Mathews.



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