512 5th Avenue WSeattle, WA98119
Listing courtesy of Daniel Lim of Lee & Associates Commercial RE
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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.
a month ago | Listing updated with changes from the MLS® | |
4 months ago | Status changed to Active | |
4 months ago | Listing first seen on site |
Listing courtesy of Daniel Lim of Lee & Associates Commercial RE
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Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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