Seattle, WA

Someone paid $56,000 for their own Seattle parking spot

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$56,000 for a chunk of actual property in Seattle sounds fairly inexpensive as of late. However, as KIRO Newsradio’s Lisa Brooks studies, that value isn’t for a home or a condominium.

In keeping with Redfin, any individual shelled out $56,000 for a parking spot. Sure, you learn that proper, a parking spot.

Granted, it isn’t simply any parking spot. It’s situated in Seattle’s Belltown neighborhood, inside strolling distance to landmarks akin to Pike Place Market, Seattle Middle, and the Olympic Sculpture Park. The itemizing says it’s giant and flat (Editor’s Be aware: We’d hope so!) and simply suits a full-sized sedan, SUV or truck.

Plus, the savvy actual property agent who bought the 130-square-foot area at 2600 2nd Ave says excessive pace web is on the market, simply in case the proprietor desires to work out of their automotive.

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The common going fee for a parking spot close to Pike Place Market is round $300 per 30 days. If our math is true, it will take a bit over 15 years (not together with inflation) to pay that off.

Let’s simply hope any individual doesn’t park on this individual’s spot unannounced.

KIRO Newsradio’s Lisa Brooks contributed to this report.

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