Offering Memorandum Apothecary Apartment Project...Offering Memorandum Apothecary Apartment Project...

Post on 23-Sep-2020

0 views 0 download

transcript

Offering Memorandum Apothecary Apartment Project FOR SALE: Mixed-Use Development Site 3845 Bridge Way North, Seattle, WA 98103

For more information,please contact:

Nathan Benedict 206.695.4829nbenedict@ewingandclark.com

Roger Lorenze206.406.1547rlorenze@ewingandclark.com

This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or rep-resentation about it. It is your responsibility to independently confirm its accuracy

and completeness.

2110 Western Ave., Seattle, WA 98121www.EwingandClark.com

Nathan Benedict 206.695.4829 nbenedict@ewingandclark.comRoger Lorenze 206.406.1547 rlorenze@ewingandclark.com2 For more information, please contact:

Executive Summary

Overview The Apothecary Apartment Project represents a unique opportunity to purchase a permitted 4-story, multi-family project with the ability to have a 502 use in the zone. Located on its own block in Fremont, the modern, smaller unit design is perfectly positioned for its target demographic with close- by transit options, bike storage, and abundant light with street views from every unit. On the ground floor is a desirably sized retail unit, plus one live-work unit. With one glass-walled stair-case, an interior staircase, and an interior elevator, tenants will have multiple, convenient access points.

Apothecary Apartment Project

Lot Area 3,776 SF

Total Residential Area 10,866 SF

Total Commercial Area 1,129 SF

Gross Floor Area 11,995 SF

Zoning NC3P-40

502 Use Allowed

Parcel # 182504-9034

Price $1,750,000

Commercial Units

Type of Unit SF /Unit

Retail 811

Retail Mezzanine 338

Live/Work 659

3This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

2110 Western Ave., Seattle, WA 98121 www.EwingandClark.com

Project Summary

Ground Floor

Floors 2-4

Exact square footage to be confirmed by architectural firm

Commercial Units

Type of Unit SF /Unit

Retail 811

Retail Mezzanine 338

Live/Work 659

Residential Units

Type of Unit SF /Unit # /Units

Residential 01 448 3

Residential 02 289 3

Residential 03 269 3

Residential 04 322 3

Residential 05 431 3

Residential 06 489 3

RESIDENTIAL TOTAL 18

This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or rep-resentation about it. It is your responsibility to independently confirm its accuracy

and completeness.

2110 Western Ave., Seattle, WA 98121www.EwingandClark.com

Nathan Benedict 206.695.4829 nbenedict@ewingandclark.comRoger Lorenze 206.406.1547 rlorenze@ewingandclark.com4 For more information, please contact:

Building Renderings

1

3

2

4

5This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

2110 Western Ave., Seattle, WA 98121 www.EwingandClark.com

Neighborhood

Centrally located between Fremont & Wallingford, the property gives easy access to all the best of Seattle: Gas Works Park, the Burke Gilman trail, multiple breweries including Fremont Brewing; and a vast array of bars and restaurants, with easy access to downtown or out of town.

Occupying its own block, the property enjoys a prominent location with multiple viewing angles and access points.

WALLINGFORD

FREMONT

U DISTRICT3845 Bridge Way N.

This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or rep-resentation about it. It is your responsibility to independently confirm its accuracy

and completeness.

2110 Western Ave., Seattle, WA 98121www.EwingandClark.com

Nathan Benedict 206.695.4829 nbenedict@ewingandclark.comRoger Lorenze 206.406.1547 rlorenze@ewingandclark.com6 For more information, please contact:

Neighborhood Amenities

Eltana

Midnight Cookie Co.

LamaG’s Cafe

Bar Charlie

Art of the Table

RoRo BBQ & Grill

Manolin

Stone Way Cafe

The Whale Wins

Pacific Inn Pub

Joule

Fremont Brewing Co.

Milstead & Co.

Thackeray

MiiR Flagship

Fremont Dock Sports Bar & Grill

Fremont Troll

1

2

3

4

5

6

7

9

11

12

10

16

17

13

14

15

8

1110

13

14

17

1615

12

9

8 7

6

5

23

3845 Bridge Way N.

4

1

7This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

2110 Western Ave., Seattle, WA 98121 www.EwingandClark.com

Transit Options

Bus Three major bus routes are within a 4-minute walk of the proposed project.

Bus # Name

5 Shoreline Greenwood

26 Northgate Transit Center East / Greenlake

28 Carkeek Park

Bike Conveniently located near many bike route options.

Destination Route Miles Time (minutes)

Bars, Restaurants, Breweries Stone Way 0.2 2

Fremont Burke Gilman -west 0.7 8 Google, Tableau, etc.

UW Burke Gilman -east 2.3 15

SLU West Lake Trail 2.6 18 Amazon, Facebook, Gates Foundation

For more information about the Apothecary Apartment Project, please contact agents Nathan Benedict or Roger Lorenze.

For more information,please contact:

Nathan Benedict 206.695.4829nbenedict@ewingandclark.com

Roger Lorenze206.406.1547rlorenze@ewingandclark.com