3104 Western Avenue

Seattle, WA 98121

  • Bed

  • Bath

  • 0 SqFt

  • 37 DOM

  • Built: 2008

  • Status: Active

$2,625,000

X

3104 Western Avenue

Seattle 98121

$2625000

  • Bed

  • Bath

  • 0 SqFt

  • 37 DOM

  • Built: 2008

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • 61 - Comm Bldg Ovr 10K

  • 2008

Features and Utilities

  • 0

Financial

  • 16586

  • 05-02-2025

Comparable Information

  • 37

  • 37

  • $2,625,000

  • $2,625,000

  • May 02, 2025 21:34

Schools

Map

Listing courtesy of Kidder Mathews.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 08, 2025 04:09 | Listing last modified May 02, 2025 21:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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