September 7

Block of W Mercer with Streamline Tavern and Radio Shack for sale

Planning & Construction, Queen Anne Business

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We’ve had several readers ask about the block that houses the Streamline Tavern at 117 W Mercer St. There have been rumors swirling around that the block has been sold, so we’ve done some digging, and here’s what we’ve found.

The block of buildings that contains the Streamline, Michael Reed Black Antiques, and the Spic and Span laundry is indeed for sale via Windermere Commercial Real Estate. Listed as 127 W Mercer St, the property is being sold in combination with the adjoining parcel that houses Radio Shack (115 W Mercer St).

115 and 127 W Mercer

Preliminary drawing from Windermere listing

According to King County records, the current owner of both properties is ABO Investments, with an original purchase date of March 2001 – the two parcels are listed at $2.75M. Windermere’s listing includes an architectural picture “from a zoning analysis prepared by an architect for this site” that is likely very preliminary and for sale purposes (but that does not discount development possibilities).

Both listings are still “active” as of a search today – but there must be some interest for the rumors to be circulating.


Tags

business, commercial real estate, real estate


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