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 206.695.4829 nbenedict@ewingandclark.com Roger Lorenze 206.406.1547 rlorenze@ewingandclark.com
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 closeby 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 staircase, 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 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 representation about it. It is your responsibility to independently confirm its accuracy and completeness. 2 For more information, please contact: Nathan Benedict 206.695.4829 nbenedict@ewingandclark.com Roger Lorenze 206.406.1547 rlorenze@ewingandclark.com
Project Summary Commercial Units Residential Units Type of Unit SF /Unit Type of Unit SF /Unit # /Units Retail 811 Retail Mezzanine 338 Live/Work 659 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 Ground Floor Floors 2-4 Exact square footage to be confirmed by architectural firm 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 representation about it. It is your responsibility to independently confirm its accuracy and completeness. 3
Building Renderings 1 2 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 representation about it. It is your responsibility to independently confirm its accuracy and completeness. 3 4 4 For more information, please contact: Nathan Benedict 206.695.4829 nbenedict@ewingandclark.com Roger Lorenze 206.406.1547 rlorenze@ewingandclark.com
Neighborhood FREMONT WALLINGFORD 3845 Bridge Way N. U DISTRICT 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. 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 representation about it. It is your responsibility to independently confirm its accuracy and completeness. 5
Neighborhood Amenities 1 2 3 Eltana Midnight Cookie Co. LamaG s Cafe 2 3 3845 Bridge Way N. 1 4 Bar Charlie 4 5 Art of the Table 5 6 RoRo BBQ & Grill 7 Manolin 8 Fremont Troll 9 Stone Way Cafe 6 10 Joule 8 7 11 The Whale Wins 12 13 14 15 16 Pacific Inn Pub Thackeray MiiR Flagship Fremont Dock Sports Bar & Grill Fremont Brewing Co. 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 representation about it. It is your responsibility to independently confirm its accuracy 9 and completeness. 10 12 17 11 16 13 15 14 17 Milstead & Co. 6 For more information, please contact: Nathan Benedict 206.695.4829 nbenedict@ewingandclark.com Roger Lorenze 206.406.1547 rlorenze@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 2 8 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 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 representation about it. It is your responsibility to independently confirm its accuracy and completeness. 7
For more information about the Apothecary Apartment Project, please contact agents Nathan Benedict or Roger Lorenze. For more information, please contact: Nathan Benedict 206.695.4829 nbenedict@ewingandclark.com Roger Lorenze 206.406.1547 rlorenze@ewingandclark.com