PROPERTIES

Kalberg Building

4517 University Way NE, Seattle, WA 98105

Overview

Price:$4,100,000
Building Size:19,659 SF
Property Type:Retail
Total Lot Size:0.15 Acres
Year Built:1928

Highlights

  • The most prominent location on University Ave, located between 45th and 47th Street, providing for the largest pedestrian volume as well as convenient access to both the University of Washington and the new train station
  • 6,184 SF office space available with a 60-day notice to the current tenant - perfect for an owner/user wanting to be located near the University
  • The second floor space has a nice mix of private offices and open area and can accommodate a range of businesses
  • Three-minute walk from the light rail station
  • Basement storage available

Description

The Kalberg Building is a classic 1920’s masonry mixed-use investment opportunity located in the vibrant U-District, near the University of Washington. The Property is prominently located between 45th and 47th streets on the West side of University. It features ground-floor retail with 2nd floor offices above. The 2nd floor office space could be considered for an Owner User wanting as much as 6,184 sf; the 2nd floor space demises well and currently has minimal income in place while waiting for new tenants. In addition, the property has basement storage while the elevator serves all three floors.

Location

University District - With easy I-5 access and a light rail station a mere block a way, The Kalberg Building enjoys fantastic transit connections throughout the greater Seattle area. Major tech employers are all located within a short drive or light rail journey away.

Contact Broker

Troy Gessel
Principal
Lee & Associates Commercial Real Estate Services

Office425.576.8747
Fax206.267.1457

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