Address Map
USA
Washington
King
Seattle
98108
Michigan St
151
W123° 40' 3.9''
N47° 32' 38.4''
S
Additional Information
Ken Hirata
1287
1006796
33,106 Sqft
40
Pike Brewing
S. Seattle
1
Masonry
83702
ID
Boise
999 W Main Street, Suite 100
Property Description

Industrial investment property in Seattle’s Georgetown neighborhood. Building is leased to Seattle favorite Pike Brewing, a property of Seattle Hospitality Group. Seven years remaining on the initial lease term. 6.0% cap rate on this year’s income. 4.0% annual rent increases. Pike Brewing invested $4 million in improvements to the building. 3 year old roof. $6,200,000.

For Sale

151 Michigan St, Seattle, Washington 98108

  • Square Footage: 26,138 Sqft
$6,200,000
Listing ID#694453
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Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : 694453
Price : $6,200,000
Square Footage : 26,138 Sqft
Year Built : 1973
Status : Active
Office Name : Kidder Mathews
Property Sub Type : Industrial
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Kidder Mathews