1200 S Dearborn St, Seattle, WA 98144

"This auction consists of a 10,249 SF commercial building located near downtown Seattle. The property currently has one tenant on the ground floor and also collects income from the communications tower lease and the billboard lease. The building sits on 1.32 acres and the current zoning allows for retail, office, and light industrial. There is a potential for a rezone to Downtown Mixed Commercial (DMC), which would allow for commercial heights of 85' and residential heights of 160'. MINIMUM BID: $2,500,000- Bid deadline is September 1, 2011 at 5pm PDT.MINIMUM BID: $2,500,000. For more property information, auction details and to register to bid, visit www.FRE.com/109D5."