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855.375.4001
Listing Courtesy of: Daniel Lim - Lee & Associates Commercial RE 206-267-1457 Provided by Northwest MLS
$5,995,000 affordable loan icon Calculate Payment

512 5th Avenue W Seattle, WA 98119

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Multi-Family Residence
Beds
Baths
... Bed/Bath
12,900 Sq. Ft.
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Last updated on 1/7/2025 3:00 PM

Listing Details

The Standard, 20-units located in the Uptown Queen Anne. Attractively situated near the Seattle Center & the waterfront. The unit mix consist of 16 1-bed, two 2-bed units & two 3-bed units. Opportunities for lift with the addition of in-unit w/d & converting the laundry rooms into units also a 12,02...0sf MR (M) zoned lot, initial studies suggest 75+ unit development potential (buyer to verify). The acquisition of the Standard not only secures a prime piece of Seattle real estate but also offers potential for future development & appreciation. With its strategic location, rental upside & multiple exit strategies, the Standard is an exceptional opportunity for investors seeking a blend of immediate rental income & long-term opportunities. Continue reading
MLS#
2289839
Property Type
Multi-Family
Status
Year Built
1957
Square Feet
12,900 sq. ft
Sewer
Sewer Connected
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Listing Courtesy of: Daniel Lim - Lee & Associates Commercial RE 206-267-1457 Provided by Northwest MLS
Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 1411 4th Avenue, Seattle, WA 98101


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