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3116 W Smith St
1,471 - 3,006 SF of Space Available in Seattle, WA 98199
Highlights
- Located in Magnolia Village
- Kitchenette
- Outdoor space
- Great visibility
- Private restroom on each floor
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,535 SF | Negotiable | $49.61 CAD/SF/YR $4.13 CAD/SF/MO $533.99 CAD/m²/YR $44.50 CAD/m²/MO $6,346 CAD/MO $76,151 CAD/YR | Triple Net (NNN) | ||
| 2nd Floor, Ste B | 1,471 SF | Negotiable | $49.61 CAD/SF/YR $4.13 CAD/SF/MO $533.99 CAD/m²/YR $44.50 CAD/m²/MO $6,081 CAD/MO $72,976 CAD/YR | Triple Net (NNN) |
1st Floor, Ste A
1,535 SF 1st Floor Commercial Condominium in a boutique 2-Unit Commercial Condo building. Excellent location in Magnolia Village with great visibility and signage opportunities. Unit A features concrete floors, exposed wood ceilings, 2 private offices, kitchenette, open work area and one private restroom. Outdoor yard area is shared with Unit B. Zoned for multiple uses including office, retail, residential, live/work. Units can be sold separately or together
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Yard
- 2 Private Offices
- Concrete Floors
- Exposed Wood Ceilings
- Kitchenette & 1 private restroom
- Open work area
2nd Floor, Ste B
1,471 SF 2nd floor Commercial Condominium for sale or lease in Magnolia Village. Located in a boutique 2-unit Commercial Condo building, Unit B encompasses the entire second floor and features engineered hardwood floors, 1 private office, kitchenette, restroom and large open area filled with natural light. Outdoor yard area is shared with Unit A. NC2P-55 zoning allows for many uses including office, retail, residential, live/work, etc.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- 1 Private Office
- Space is in Excellent Condition
- Private Restrooms
- Exposed Ceiling
- Natural Light
- Open-Plan
- Hardwood Floors
- Hardwood Floors
- Hardwood Floors
- Natural Light
- Kitchenette & 1 private restroom
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3116 W Smith St , Seattle, WA 98199
| Property Type | Retail | Gross Leasable Area | 3,006 SF |
| Property Subtype | Freestanding | Year Built | 1955 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,006 SF |
| Year Built | 1955 |
About the Property
Office/Retail building for sale or lease in Magnolia Village. The property is legally a 2-unit commercial condominium that can be sold or leased separately or together. The property has great visibility, signage, and hard to find outdoor space. Each unit has a kitchenette and one private restroom. Zoned NC2P-55 allowing for multiple uses including office, retail, residential, live/work, etc.
- 24 Hour Access
- Bus Line
- Corner Lot
- Signage
- Storage Space
Nearby Major Retailers
-
Lauren Hendricks -
Windermere Commercial
Presented by
3116 W Smith St
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