Sold for Asking Price: Wallingford Street Retail Condos

Sold for Asking Price: Wallingford Street Retail Condos
$2,375,000

1607 & 1621 N 45th St, Seattle, WA

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Located in the vibrant, yet family-friendly north Seattle neighborhood of Wallingford, this offering was comprised of two fully-leased street-level retail condos in the newly-completed Wallingford45 condominium building.

Nearly $1 million was spent in tenant improvements for the Grand Central Bakery which opened last week. The second retail condo is occupied by a florist and clothing boutique. Combined, the two units total 3,683 square feet.

The buyer purchased the property as a long-term investment for its consistent cash flow and minimal Landlord responsibilities.

Troy Gessel and Jim Reed of AGM represented the seller in this transaction.

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