The Keefe Building

KEEFE BUILDING ASKING PRICE $5,200,000 Rainier Valley South Seattle

5619 Rainier Avenue South Seattle, WA 98118

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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CONTENTS

OVERVIEW

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PROPERTY EXTERIOR

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PROPERTY INTERIOR

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AERIALMAP

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STREETMAP LOCALAMENITIES FINANCIALSUMMARY COMMUNITY OVERVIEW

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The information included in this document has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and cannot make any guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and may not accurately represent the current or future performance of the property. The value of any proposed transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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OVERVIEW Historic Keefe Building, the Crown Jewel of Hillman City.

Beautiful timeless brick exterior. Currently two solid Community respected long term tenants. Three separate entrances on Rainier Ave S with heavy traffic count. Location is primo, light rail and public transportation make this a great investment. Retail rents are below market rate. Possible owner user space. Tremendous upside.

PROPERTY SUMMARY • Asking Price: $5,200,000 • Year Built: 1907 •

Lot Size: 0.11

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9,231 SF

LOCATION HIGHLIGHTS • Walk score: 82

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Transit score: 52 Coffee shops, restaurants & retail within 1-2 blocks 14 Schools (public & private) within 2 miles 1 mile to Seward Park

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Bus Lines 7 (to Downtown Seattle)

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Light Rail

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Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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PROPERTY EXTERIOR

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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PROPERTY EXTERIOR

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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PROPERTY INTERIOR

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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PROPERTY INTERIOR

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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PROPERTY INTERIOR

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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California Ave SW

AERIAL MAP

SW Admiral Way

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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STREET MAP

RAINIER VALLEY

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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LOCAL AMENITIES

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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Both SEED and Young Women Empowered are local non-profit organizations and benefit from favorable rents.

FINANCIAL SUMMARY 2024 ANNUAL INCOME Young Women Empowered

$ 89,100

SEED

$ 71,832

Total Monthly Income

$ 160, 932

2024 EXPENSES Total Expenses

$ 25,203

2024 NET INCOME

$ 135,729

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Both SEED and Young Women Empowered are local non-profit organizations and benefit from favorable rents.

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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COMMUNITY OVERVIEW Welcome to Hillman City! Hillman City is primarily a residential neighborhood of southeast Seattle, located in Rainier Valley. It was annexed by Seattle in January 1907.

In June 2013, a congregation and an arts collective leased a building on the northwest corner of Rainier and Orcas and an adjacent vacant lot, gutted the space, and, several months later, opened the Hillman City Collaboratory, a non-profit community center and co-working space with a mission to provide space and programs specifically designed to create community and equip change-makers.[ In August 2013, the Seattle Weekly named Hillman City the "Best Up-and-Coming Neighborhood" in Seattle. In 2015, a group called Vision Hillman City held a series of roundtable discussions open to all neighbors and designed to identify neighborhood priorities, create plans for future action, and cultivate a shared neighborhood identity.

Description courtesy of https://en.wikipedia.org/wiki/Hillman_City,_Seattle

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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FLOOR PLAN 1 OF 2 If the image you are viewing is not as clear as this then the original was and unclear document.

DCLM Micofilm Lab 1989

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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FLOOR PLAN 2 OF 2

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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KEEFE BUILDING

Carol Peoples-Procter, Broker 501 E. Pike Street Ste 200A Seattle WA 98122 m: 206.849.3747

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