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Presented by: Lee & Associates Commercial REPowered by Highrises
For Sale

$5,995,000

512 5th Ave W, Seattle, WA 98119

  • -Bed
  • 0Bath
  • 12900SqFt
  • -Bed
  • 0Bath
  • 12900SqFt
  • Property Type
    Condo
  • Year Built
    1957
  • Price per Sqft
    $465
  • On highrises
    54 Days

Property 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, 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.

Property Features

Heating and Cooling

  • Heating Features: Baseboard
  • Heating Fuel: Electric
  • Heating: Yes
  • Presented by:
  • Daniel Lim
  • Brokered by:
  • Lee & Associates Commercial RE

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Learn more about 512 5th Ave W