$5,995,000
512 5th Avenue W, Seattle, 98119
Listing Courtesy of
Lee & Associates Commercial RE
512 5th Avenue W, Seattle, WA 98119
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 12,020sf 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.
Source Northwest MLS
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PROPERTY DETAILS
- Mls Id2289839
- StatusActive
- AreaQueen Anne
- CarportNo
- CitySeattle
- CountyKing
- Exterior FeaturesBrick
- FireplaceNo
- High School DistrictSeattle
- Living Area0 Square Feet
- Lot Acres0.2759
- Lot Square Feet12020
- New ConstructionNo
- Zip Code98119
- Property TypeMulti-Family
- RoofFlat
- SewerSewer Connected
- WaterfrontNo
- Year Built1957
- Checked For Updates2024-12-21 04:01:25 PST
Based on information submitted to the MLS GRID as of 2024-12-21 04:01:25 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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