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Listing Firm: Lake & Company: John C. Blacksmith

Bought With: The Preview Group : Alicia Arsene

SOLD On August 5, 2022
NWMLS # 1881316

$2,975,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

1628 Dexter Avenue N, Seattle, WA 98109

Listings with the three tree icon are courtesy of NWMLS

About This Property

Amazing income producing property in a perfect Lake Union location. (3 units—two commercial spaces at ground level and an upper floor unit that can be used as office, a two bedroom apartment, or a live/work combination) Minutes to all downtown, SLU, Queen Anne, Westlake and Lake Union amenities. The property has been wonderfully improved with updated systems (new windows, plumbing, electrical) while maintaining the details of its timeless charm. Extremely strong financial statements and a very high cap rate (6%) make this a great portfolio property.

Buyer's Agent: Alicia Arsene • The Preview Group

Listed by: John C. Blacksmith • Lake & Company

Aris360 Last Checked: 2 Minutes Ago (Jul 18, 2025 03:41 AM)

  • Source: NWMLS as Distributed by MLS Grid #1881316

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Dexter
  • Zip/Postal Code: 98109
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Lake Union
  • Community
    • 700 - Queen Anne/Magnolia
  • MLS Area
    • 700 - Queen Anne/Magnolia
  • Longitude
    • -122.342042
  • Latitude
    • 47.633831
  • Directions
    • Dexter to 1628

  • Power Production Type
    • Natural Gas
  • Furnished
    • Unfurnished

  • Style
    • 60 - Comm Bldg Und 10K
  • Elevation
    • Feet
  • Exterior
    • Brick
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Utilities
    • Sewer Connected,
    • Natural Gas Connected,

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2021
  • Structure Type
    • Land,
  • Tax Amount
    • $10726
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 18 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jul 18, 2025 03:41 AM